Palmyra, IL vs Thomson, IL

There is a significant gap in the cost of living between these two cities. Palmyra is 15.9% cheaper than Thomson. With a cost index of 61 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palmyra to Thomson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Palmyra is $670/month compared to $940/month in Thomson — a 29% difference. Home values follow the same pattern: Palmyra is more affordable at $86,400 median vs $122,300.

Median household income in Palmyra is $46,477 compared to $54,063 in Thomson (-14%). The higher salaries in Thomson partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Palmyra spend roughly 17.3% of their income on rent, less than the 20.9% in Thomson.

Climate-wise, Palmyra is notably warmer with an average of 54°F compared to 49.9°F in Thomson. Palmyra receives more rainfall at 38" per year compared to 36.2" in Thomson.