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Annawan, IL vs Hamilton, IL

59
Annawan
Illinois
VS
-14.4%
69
Hamilton
Illinois

Annawan is moderately more affordable than Hamilton, with a 14.4% lower cost of living index. Annawan scores 59 compared to 69 for Hamilton, where the US average is 100. This difference means residents of Hamilton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Annawan is $550/month compared to $888/month in Hamilton — a 38% difference. Interestingly, home values tell a different story: while Annawan has cheaper rent, Hamilton actually has lower median home values ($105,600 vs $138,200).

Median household income in Annawan is $71,250 compared to $53,487 in Hamilton (+33.2%). Annawan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Annawan spend roughly 9.3% of their income on rent, less than the 19.9% in Hamilton.

Income & Cost

Cost of Living Index
Annawan
59
14% cheaper
Hamilton
69
Median Household Income
Annawan
$71,250
25% higher
Hamilton
$53,487

Housing

Median Rent
Annawan
$550
38% cheaper
Hamilton
$888
Median Home Value
Annawan
$138,200
Hamilton
$105,600
24% cheaper
Population
Annawan
955
Hamilton
2,738

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Annawan $2.95
Hamilton
US $3.07
🥚
Eggs (grade A, large)
Annawan $2.41
Hamilton
US $2.50
🥛
Milk (whole)
Annawan $3.88
Hamilton
US $4.03
🍞
Bread (white)
Annawan $1.78
Hamilton
US $1.85
🍗
Chicken breast
Annawan $3.99
Hamilton
US $4.14
Electricity
Annawan $0.18
Hamilton
US $0.19