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Shannon, IL vs Tremont, IL

63
Shannon
Illinois
VS
-15.2%
75
Tremont
Illinois

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.

Income & Cost

Cost of Living Index
Shannon
63
15% cheaper
Tremont
75
Median Household Income
Shannon
$59,375
Tremont
$77,420
23% higher

Housing

Median Rent
Shannon
$675
25% cheaper
Tremont
$900
Median Home Value
Shannon
$114,100
43% cheaper
Tremont
$200,600
Population
Shannon
772
Tremont
2,300

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Shannon 49.4°F
Tremont 52.7°F
Summer High
Shannon 84°F
Tremont 86°F
Winter Low
Shannon 15°F
Tremont 18°F
Rainfall
Shannon 37.2"
Tremont 37.6"
Rainy Days
Shannon 121d
Tremont 117d