Mount Carroll, IL vs Corning, IA: Cost of Living

Which city costs less?

Corning, IA has a modeled overall cost index 12.0% lower than Mount Carroll, IL.

Mount Carroll, IL · modeled 2BR rent
$920 / month
Corning, IA · modeled 2BR rent
$920 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Mount Carroll, IL and Corning, IA using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated savings: $852/month in Corning, IA

$150,000 in your current city has a modeled equivalent of $139,775 in Corning, IA

Regional cost estimates: Mount Carroll, IL uses Madison, WI. Corning, IA uses Omaha, NE. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 12.0%
Less expensive
Monthly Impact
$852
Savings
Annual Impact
$10.2K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Mount Carroll, IL

Population:1K
Cost Index:
86.9
100 = national average
Typical Home:$145K

Corning, IA

Population:1K
Cost Index:
76.4
100 = national average
Typical Home:$141K

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Mount Carroll, IL

The Prairie State

1K
Population
State Tax
Yes

Located in Illinois, this city has a population of 1K residents.

Corning, IA

The Hawkeye State

1K
Population
State Tax
Yes

Located in Iowa, this city has a population of 1K residents.

Cost Breakdown by Category

Estimated monthly spending: Mount Carroll, IL vs Corning, IA

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↓ 22.4%
Mount Carroll, IL
$2,301
Corning, IA
$1,786
Difference
$515
less
Transportation
↓ 10.3%
Mount Carroll, IL
$1,306
Corning, IA
$1,172
Difference
$134
less
Other
↓ 7.9%
Mount Carroll, IL
$1,662
Corning, IA
$1,530
Difference
$132
less
All Utilities
↓ 6.8%
Mount Carroll, IL
$519
Corning, IA
$483
Difference
$35.32
less
Healthcare
↓ 4.4%
Mount Carroll, IL
$733
Corning, IA
$701
Difference
$32.55
less
Groceries
↓ 0.3%
Mount Carroll, IL
$979
Corning, IA
$976
Difference
$2.70
less

🏠Rent Comparison

Studio
From$740
To$680
↓ $60.00
1 Bed
From$750
To$720
↓ $30.00
2 Bed
From$920
To$920
→ $0
3 Bed
From$1,210
To$1,190
↓ $20.00
Mount Carroll, ILZIP-level data

1BR range: $750–$750/mo

Corning, IAZIP-level data

1BR range: $720–$720/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Mount Carroll, IL
$6,648
Monthly in Corning, IA
$852
Difference

Home Values

Mount Carroll
Corning
$145K
Median Value
$141K
↑ +11.1%
YoY Change
↑ +6.3%
↑ +54.4%
5-Year Change
↑ +32.9%

Homes in Corning are 2% less expensive than Mount Carroll

Calculate payment - Mount CarrollCalculate payment - Corning

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $3.3K
More taxes
Monthly Difference
$273
Less take-home
Effective Rate Diff
2.2%
Rate difference

Mount Carroll, IL

Federal Income Tax
Effective: 18.9%
$25.5K
Illinois State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,797/month
$105.6K

Corning, IA

Federal Income Tax
Effective: 18.9%
$25.5K
Iowa State Tax
Effective: 7.1%
$10.7K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.8%
$47.7K
Take-Home Pay
$8,524/month
$102.3K

Additional Tax Information

Mount Carroll, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

Corning, IA Tax Rates

Sales Tax:7.4%
Property Tax:1.5%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Mount Carroll
Corning
42 Good
Air Quality
45 Good
72.1%
Good Air Days
63.7%
94 Moderate
Climate Risk
96 High
🌊🌪💨
Top Hazards
🌊🌡🌪
▲+3.4°F
2050 Outlook
▲+3.4°F
10 days
Heat Days >95°F
35 days
▲+3.4°F
2050 Outlook
▲+3.4°F
10 days
Heat Days >95°F
35 days

Before moving from Mount Carroll, IL to Corning, IA

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Corning, IA for the same bedroom count and included utilities as your home in Mount Carroll, IL. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Mount Carroll to Corning moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Corning, IA by cost, housing, population and region.

Frequently Asked Questions: Mount Carroll, IL vs Corning, IA

How do the cost estimates for Mount Carroll, IL and Corning, IA compare?

Corning, IA has a modeled overall cost index 12.0% lower than Mount Carroll, IL. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Mount Carroll, IL, the model estimates $139,775 in Corning, IA. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Mount Carroll, IL and Corning, IA?

The modeled two-bedroom rents are $920/month in Mount Carroll, IL and $920/month in Corning, IA. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Illinois and Iowa on TaxTakeHome.com

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