Cost of Living: Alton, IL vs Lafayette, IN

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Alton, IL versus $4,332/mo in Lafayette, IN. In the model, rent is about 13.82% of gross in Alton, IL versus 15.14% in Lafayette, IN, so Alton, IL tends to feel more affordable for rent.

Take-home in Alton, IL
$4,227/mo
Income level: above
Take-home in Lafayette, IN
$4,332/mo
Income level: above
Rent share (1BR) in Alton, IL
13.82%
COLI tier: mid-range
Rent share (1BR) in Lafayette, IN
15.14%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Alton, IL and Lafayette, IN.

At a glance

  • Cheaper overall (lower cost-of-living index): Lafayette, IN
  • Lower rent (median 1BR/2BR): Alton, IL
  • Lower home prices: Alton, IL
  • Higher median household income: Alton, IL

Cost of Living Index

Alton, IL: 100 (U.S. = 100) · Lafayette, IN: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Alton, IL: $901/mo (midpoint of 1BR/2BR) · Lafayette, IN: $987/mo

Median rent in Lafayette, IN is $86/mo higher than in Alton, IL.

Median Home Price

Alton, IL: $99,500 · Lafayette, IN: $157,600

Median home price in Lafayette, IN is $58,100 higher than in Alton, IL.

Median Household Income

Alton, IL: $53,005 · Lafayette, IN: $52,946

Alton, IL has a higher median household income than Lafayette, IN by $59.

Alton, IL overview · Lafayette, IN overview · Popular comparisons