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Monticello, IL vs Nokomis, IL

79
Monticello
Illinois
VS
+23%
64
Nokomis
Illinois

There is a significant gap in the cost of living between these two cities. Nokomis is 23% cheaper than Monticello. With a cost index of 64 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nokomis to Monticello should plan for substantially higher expenses across most categories.

On the housing front, median rent in Monticello is $1,030/month compared to $800/month in Nokomis — a 29% difference. Home values follow the same pattern: Nokomis is more affordable at $78,400 median vs $196,000.

Median household income in Monticello is $88,611 compared to $57,625 in Nokomis (+53.8%). While Monticello is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Monticello spend roughly 13.9% of their income on rent, less than the 16.7% in Nokomis.

Climate-wise, both cities share similar average temperatures (51.1°F vs 53.1°F). Monticello receives more rainfall at 39.6" per year compared to 36.4" in Nokomis.

Income & Cost

Cost of Living Index
Monticello
79
Nokomis
64
19% cheaper
Median Household Income
Monticello
$88,611
35% higher
Nokomis
$57,625

Housing

Median Rent
Monticello
$1,030
Nokomis
$800
22% cheaper
Median Home Value
Monticello
$196,000
Nokomis
$78,400
60% cheaper
Population
Monticello
6,332
Nokomis
2,213

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Monticello 51.1°F
Nokomis 53.1°F
Summer High
Monticello 84°F
Nokomis 86°F
Winter Low
Monticello 17°F
Nokomis 20°F
Rainfall
Monticello 39.6"
Nokomis 36.4"
Rainy Days
Monticello 135d
Nokomis 118d