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Assumption, IL vs Long Lake, IL

59
Assumption
Illinois
VS
-39.3%
97
Long Lake
Illinois

The cost of living difference between Assumption, IL and Long Lake, IL is dramatic. Assumption is 39.3% cheaper than Long Lake, a gap that translates to thousands of dollars per year in household expenses. Assumption has a cost index of 59 while Long Lake sits at 97, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Assumption is $646/month compared to $1,529/month in Long Lake — a 58% difference. Home values follow the same pattern: Assumption is more affordable at $72,100 median vs $185,400.

Median household income in Assumption is $55,764 compared to $100,824 in Long Lake (-44.7%). While Long Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Assumption spend roughly 13.9% of their income on rent, less than the 18.2% in Long Lake.

Income & Cost

Cost of Living Index
Assumption
59
39% cheaper
Long Lake
97
Median Household Income
Assumption
$55,764
Long Lake
$100,824
45% higher

Housing

Median Rent
Assumption
$646
58% cheaper
Long Lake
$1,529
Median Home Value
Assumption
$72,100
61% cheaper
Long Lake
$185,400
Population
Assumption
1,117
Long Lake
3,219

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Assumption
Long Lake $3.20
US $3.07
🥚
Eggs (grade A, large)
Assumption
Long Lake $2.61
US $2.50
🥛
Milk (whole)
Assumption
Long Lake $4.20
US $4.03
🍞
Bread (white)
Assumption
Long Lake $1.93
US $1.85
🍗
Chicken breast
Assumption
Long Lake $4.32
US $4.14
Electricity
Assumption
Long Lake $0.15
US $0.19