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Montgomery, IL vs Salem, IL

116
Montgomery
Illinois
VS
+79%
65
Salem
Illinois

The cost of living difference between Montgomery, IL and Salem, IL is dramatic. Salem is 79% cheaper than Montgomery, a gap that translates to thousands of dollars per year in household expenses. Montgomery has a cost index of 116 while Salem sits at 65, 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 Montgomery is $1,897/month compared to $752/month in Salem — a 152% difference. Home values follow the same pattern: Salem is more affordable at $99,800 median vs $270,700.

Median household income in Montgomery is $96,985 compared to $57,083 in Salem (+69.9%). The higher salaries in Montgomery partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Montgomery spend roughly 23.5% of their income on rent, more than the 15.8% in Salem.

Climate-wise, Salem is notably warmer with an average of 57.7°F compared to 49.4°F in Montgomery. Salem receives more rainfall at 43.4" per year compared to 33.8" in Montgomery.

Income & Cost

Cost of Living Index
Montgomery
116
Salem
65
44% cheaper
Median Household Income
Montgomery
$96,985
41% higher
Salem
$57,083

Housing

Median Rent
Montgomery
$1,897
Salem
$752
60% cheaper
Median Home Value
Montgomery
$270,700
Salem
$99,800
63% cheaper
Population
Montgomery
21,205
Salem
7,341

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Montgomery $3.20
Salem
US $3.07
🥚
Eggs (grade A, large)
Montgomery $2.61
Salem
US $2.50
🥛
Milk (whole)
Montgomery $4.20
Salem
US $4.03
🍞
Bread (white)
Montgomery $1.93
Salem
US $1.85
🍗
Chicken breast
Montgomery $4.32
Salem
US $4.14
Electricity
Montgomery $0.15
Salem
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Montgomery 49.4°F
Salem 57.7°F
Summer High
Montgomery 84°F
Salem 90°F
Winter Low
Montgomery 15°F
Salem 24°F
Rainfall
Montgomery 33.8"
Salem 43.4"
Rainy Days
Montgomery 126d
Salem 100d