Newman, IL vs Tremont, IL

Newman is moderately more affordable than Tremont, with a 12.3% lower cost of living index. Newman scores 66 compared to 75 for Tremont, where the US average is 100. This difference means residents of Tremont can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newman is $768/month compared to $900/month in Tremont — a 15% difference. Home values follow the same pattern: Newman is more affordable at $106,700 median vs $200,600.

Median household income in Newman is $73,526 compared to $77,420 in Tremont (-5%). Tremont 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 Newman spend roughly 12.5% of their income on rent, less than the 13.9% in Tremont.

Climate-wise, both cities share similar average temperatures (52.5°F vs 52.7°F). Tremont receives more rainfall at 37.6" per year compared to 37" in Newman.