Alhambra, IL vs Hodgkins, IL

Alhambra, IL and Hodgkins, IL have a very similar cost of living, with only a 0.5% difference in their overall index. Alhambra scores 70 while Hodgkins scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Alhambra is $788/month compared to $1,000/month in Hodgkins — a 21% difference. Interestingly, home values tell a different story: while Alhambra has cheaper rent, Hodgkins actually has lower median home values ($39,200 vs $154,300).

Median household income in Alhambra is $68,500 compared to $63,056 in Hodgkins (+8.6%). While Alhambra is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alhambra spend roughly 13.8% of their income on rent, less than the 19% in Hodgkins.