New Haven, IL vs Thomson, IL
There is a significant gap in the cost of living between these two cities. New Haven is 27.9% cheaper than Thomson. With a cost index of 52 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Haven to Thomson should plan for substantially higher expenses across most categories.
On the housing front, median rent in New Haven is $471/month compared to $940/month in Thomson — a 50% difference. Home values follow the same pattern: New Haven is more affordable at $50,400 median vs $122,300.
Median household income in New Haven is $33,977 compared to $54,063 in Thomson (-37.2%). While Thomson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Haven spend roughly 16.6% of their income on rent, less than the 20.9% in Thomson.
Climate-wise, New Haven is notably warmer with an average of 57.2°F compared to 49.9°F in Thomson. New Haven receives more rainfall at 47.9" per year compared to 36.2" in Thomson.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)