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Morrison, IL vs Sheldon, IL

77
Morrison
Illinois
VS
+23.4%
62
Sheldon
Illinois

There is a significant gap in the cost of living between these two cities. Sheldon is 23.4% cheaper than Morrison. With a cost index of 62 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sheldon to Morrison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Morrison is $1,104/month compared to $738/month in Sheldon — a 50% difference. Home values follow the same pattern: Sheldon is more affordable at $75,200 median vs $117,300.

Median household income in Morrison is $67,580 compared to $43,942 in Sheldon (+53.8%). While Morrison is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Morrison spend roughly 19.6% of their income on rent, less than the 20.2% in Sheldon.

Climate-wise, both cities share similar average temperatures (49.9°F vs 51.3°F). Sheldon receives more rainfall at 37" per year compared to 36.2" in Morrison.

Income & Cost

Cost of Living Index
Morrison
77
Sheldon
62
19% cheaper
Median Household Income
Morrison
$67,580
35% higher
Sheldon
$43,942

Housing

Median Rent
Morrison
$1,104
Sheldon
$738
33% cheaper
Median Home Value
Morrison
$117,300
Sheldon
$75,200
36% cheaper
Population
Morrison
3,781
Sheldon
1,309

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Morrison 49.9°F
Sheldon 51.3°F
Summer High
Morrison 84°F
Sheldon 84°F
Winter Low
Morrison 14°F
Sheldon 18°F
Rainfall
Morrison 36.2"
Sheldon 37"
Rainy Days
Morrison 124d
Sheldon 126d