Shannon, IL vs Tremont, IL
There is a significant gap in the cost of living between these two cities. Shannon is 15.2% cheaper than Tremont. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shannon to Tremont should plan for substantially higher expenses across most categories.
On the housing front, median rent in Shannon is $675/month compared to $900/month in Tremont — a 25% difference. Home values follow the same pattern: Shannon is more affordable at $114,100 median vs $200,600.
Median household income in Shannon is $59,375 compared to $77,420 in Tremont (-23.3%). While Tremont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Shannon spend roughly 13.6% of their income on rent, less than the 13.9% in Tremont.
Climate-wise, Tremont is notably warmer with an average of 52.7°F compared to 49.4°F in Shannon. Tremont receives more rainfall at 37.6" per year compared to 37.2" in Shannon.
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Climate
NOAA 30-year normals (1991-2020)