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Momence, IL vs Savoy, IL

70
Momence
Illinois
VS
-16.6%
84
Savoy
Illinois

There is a significant gap in the cost of living between these two cities. Momence is 16.6% cheaper than Savoy. With a cost index of 70 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Momence to Savoy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Momence is $803/month compared to $954/month in Savoy — a 16% difference. Home values follow the same pattern: Momence is more affordable at $159,600 median vs $280,700.

Median household income in Momence is $52,048 compared to $88,828 in Savoy (-41.4%). While Savoy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Momence spend roughly 18.5% of their income on rent, more than the 12.9% in Savoy.

Climate-wise, both cities share similar average temperatures (51.8°F vs 52.5°F). Savoy receives more rainfall at 37" per year compared to 33.4" in Momence.

Income & Cost

Cost of Living Index
Momence
70
17% cheaper
Savoy
84
Median Household Income
Momence
$52,048
Savoy
$88,828
41% higher

Housing

Median Rent
Momence
$803
16% cheaper
Savoy
$954
Median Home Value
Momence
$159,600
43% cheaper
Savoy
$280,700
Population
Momence
3,076
Savoy
8,807

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Momence $2.85
Savoy $2.85
US $3.07
🥚
Eggs (grade A, large)
Momence $2.33
Savoy $2.33
US $2.50
🥛
Milk (whole)
Momence $3.75
Savoy $3.75
US $4.03
🍞
Bread (white)
Momence $1.72
Savoy $1.72
US $1.85
🍗
Chicken breast
Momence $3.86
Savoy $3.86
US $4.14
Electricity
Momence $0.16
Savoy $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Momence 51.8°F
Savoy 52.5°F
Summer High
Momence 85°F
Savoy 85°F
Winter Low
Momence 18°F
Savoy 18°F
Rainfall
Momence 33.4"
Savoy 37"
Rainy Days
Momence 128d
Savoy 122d