New Milford, IL vs Riverton, IL

New Milford is moderately more affordable than Riverton, with a 12.9% lower cost of living index. New Milford scores 65 compared to 75 for Riverton, where the US average is 100. This difference means residents of Riverton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Milford is $750/month compared to $1,035/month in Riverton — a 28% difference. Home values follow the same pattern: New Milford is more affordable at $130,200 median vs $140,000.

Median household income in New Milford is $73,125 compared to $75,527 in Riverton (-3.2%). Riverton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of New Milford spend roughly 12.3% of their income on rent, less than the 16.4% in Riverton.

Climate-wise, Riverton is notably warmer with an average of 54°F compared to 49.4°F in New Milford. Riverton receives more rainfall at 38" per year compared to 37.2" in New Milford.