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Monmouth, IL vs Nashville, IL

61
Monmouth
Illinois
VS
-13.9%
70
Nashville
Illinois

Monmouth is moderately more affordable than Nashville, with a 13.9% lower cost of living index. Monmouth scores 61 compared to 70 for Nashville, where the US average is 100. This difference means residents of Nashville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Monmouth is $652/month compared to $816/month in Nashville — a 20% difference. Home values follow the same pattern: Monmouth is more affordable at $88,100 median vs $146,500.

Median household income in Monmouth is $59,690 compared to $61,753 in Nashville (-3.3%). Nashville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Monmouth spend roughly 13.1% of their income on rent, less than the 15.9% in Nashville.

Climate-wise, Nashville is notably warmer with an average of 57.7°F compared to 51.9°F in Monmouth. Nashville receives more rainfall at 43.4" per year compared to 37.9" in Monmouth.

Income & Cost

Cost of Living Index
Monmouth
61
14% cheaper
Nashville
70
Median Household Income
Monmouth
$59,690
Nashville
$61,753
3% higher

Housing

Median Rent
Monmouth
$652
20% cheaper
Nashville
$816
Median Home Value
Monmouth
$88,100
40% cheaper
Nashville
$146,500
Population
Monmouth
8,794
Nashville
2,991

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Monmouth 51.9°F
Nashville 57.7°F
Summer High
Monmouth 85°F
Nashville 90°F
Winter Low
Monmouth 16°F
Nashville 24°F
Rainfall
Monmouth 37.9"
Nashville 43.4"
Rainy Days
Monmouth 114d
Nashville 100d