Newman, IL vs Steward, IL
There is a significant gap in the cost of living between these two cities. Newman is 22.6% cheaper than Steward. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newman to Steward should plan for substantially higher expenses across most categories.
On the housing front, median rent in Newman is $768/month compared to $1,281/month in Steward — a 40% difference. Home values follow the same pattern: Newman is more affordable at $106,700 median vs $151,000.
Median household income in Newman is $73,526 compared to $108,333 in Steward (-32.1%). While Steward is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newman spend roughly 12.5% of their income on rent, less than the 14.2% in Steward.
Climate-wise, Newman is notably warmer with an average of 52.5°F compared to 47.8°F in Steward. Steward receives more rainfall at 37.4" per year compared to 37" in Newman.
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Climate
NOAA 30-year normals (1991-2020)