Peru, IL vs Smithton, IL

Peru is moderately more affordable than Smithton, with a 8.6% lower cost of living index. Peru scores 73 compared to 80 for Smithton, where the US average is 100. This difference means residents of Smithton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Peru is $879/month compared to $857/month in Smithton — a 3% difference. Interestingly, home values tell a different story: while Smithton has cheaper rent, Peru actually has lower median home values ($155,600 vs $251,600).

Median household income in Peru is $68,147 compared to $114,453 in Smithton (-40.5%). While Smithton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Peru spend roughly 15.5% of their income on rent, more than the 9% in Smithton.

Climate-wise, Smithton is notably warmer with an average of 57.7°F compared to 47.8°F in Peru. Smithton receives more rainfall at 43.4" per year compared to 37.4" in Peru.