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Newton, IL vs Thomasboro, IL

64
Newton
Illinois
VS
-0.6%
65
Thomasboro
Illinois

Newton, IL and Thomasboro, IL have a very similar cost of living, with only a 0.6% difference in their overall index. Newton scores 64 while Thomasboro scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Newton is $745/month compared to $790/month in Thomasboro — a 6% difference. Home values follow the same pattern: Newton is more affordable at $98,900 median vs $109,400.

Median household income in Newton is $58,564 compared to $65,000 in Thomasboro (-9.9%). While Thomasboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newton spend roughly 15.3% of their income on rent, more than the 14.6% in Thomasboro.

Climate-wise, Newton is notably warmer with an average of 55.7°F compared to 52.3°F in Thomasboro. Newton receives more rainfall at 41.7" per year compared to 40.4" in Thomasboro.

Income & Cost

Cost of Living Index
Newton
64
1% cheaper
Thomasboro
65
Median Household Income
Newton
$58,564
Thomasboro
$65,000
10% higher

Housing

Median Rent
Newton
$745
6% cheaper
Thomasboro
$790
Median Home Value
Newton
$98,900
10% cheaper
Thomasboro
$109,400
Population
Newton
2,852
Thomasboro
966

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newton
Thomasboro $2.85
US $3.07
🥚
Eggs (grade A, large)
Newton
Thomasboro $2.33
US $2.50
🥛
Milk (whole)
Newton
Thomasboro $3.75
US $4.03
🍞
Bread (white)
Newton
Thomasboro $1.72
US $1.85
🍗
Chicken breast
Newton
Thomasboro $3.86
US $4.14
Electricity
Newton
Thomasboro $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Newton 55.7°F
Thomasboro 52.3°F
Summer High
Newton 88°F
Thomasboro 88°F
Winter Low
Newton 23°F
Thomasboro 16°F
Rainfall
Newton 41.7"
Thomasboro 40.4"
Rainy Days
Newton 116d
Thomasboro 102d