Auburn, IL vs Lanark, IL

Lanark is moderately more affordable than Auburn, with a 9.2% lower cost of living index. Auburn scores 71 compared to 65 for Lanark, where the US average is 100. This difference means residents of Auburn can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Auburn is $911/month compared to $781/month in Lanark — a 17% difference. Home values follow the same pattern: Lanark is more affordable at $97,100 median vs $145,400.

Median household income in Auburn is $79,475 compared to $66,250 in Lanark (+20%). While Auburn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Auburn spend roughly 13.8% of their income on rent, less than the 14.1% in Lanark.