Alhambra, IL vs Lacon, IL

Lacon is moderately more affordable than Alhambra, with a 7.6% lower cost of living index. Alhambra scores 70 compared to 65 for Lacon, where the US average is 100. This difference means residents of Alhambra can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alhambra is $788/month compared to $811/month in Lacon — a 3% difference. Interestingly, home values tell a different story: while Alhambra has cheaper rent, Lacon actually has lower median home values ($111,700 vs $154,300).

Median household income in Alhambra is $68,500 compared to $60,750 in Lacon (+12.8%). 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 16% in Lacon.