Newman, IL vs Verona, IL

There is a significant gap in the cost of living between these two cities. Newman is 16.8% cheaper than Verona. With a cost index of 66 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newman to Verona should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newman is $768/month compared to $1,125/month in Verona — a 32% difference. Home values follow the same pattern: Newman is more affordable at $106,700 median vs $108,900.

Median household income in Newman is $73,526 compared to $41,250 in Verona (+78.2%). Newman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newman spend roughly 12.5% of their income on rent, less than the 32.7% in Verona. The Newman ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Newman is notably warmer with an average of 52.5°F compared to 49.4°F in Verona. Newman receives more rainfall at 37" per year compared to 33.8" in Verona.