Monmouth, IL vs Woodstock, IL

The cost of living difference between Monmouth, IL and Woodstock, IL is dramatic. Monmouth is 33% cheaper than Woodstock, a gap that translates to thousands of dollars per year in household expenses. Monmouth has a cost index of 61 while Woodstock sits at 90, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Monmouth is $652/month compared to $1,174/month in Woodstock — a 45% difference. Home values follow the same pattern: Monmouth is more affordable at $88,100 median vs $231,100.

Median household income in Monmouth is $59,690 compared to $83,293 in Woodstock (-28.3%). The higher salaries in Woodstock partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Monmouth spend roughly 13.1% of their income on rent, less than the 16.9% in Woodstock.