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Berkeley, IL vs Lacon, IL

93
Berkeley
Illinois
VS
+43.9%
65
Lacon
Illinois

The cost of living difference between Berkeley, IL and Lacon, IL is dramatic. Lacon is 43.9% cheaper than Berkeley, a gap that translates to thousands of dollars per year in household expenses. Berkeley has a cost index of 93 while Lacon sits at 65, 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 Berkeley is $1,292/month compared to $811/month in Lacon — a 59% difference. Home values follow the same pattern: Lacon is more affordable at $111,700 median vs $222,400.

Median household income in Berkeley is $83,224 compared to $60,750 in Lacon (+37%). The higher salaries in Berkeley partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Berkeley spend roughly 18.6% of their income on rent, more than the 16% in Lacon.

Income & Cost

Cost of Living Index
Berkeley
93
Lacon
65
30% cheaper
Median Household Income
Berkeley
$83,224
27% higher
Lacon
$60,750

Housing

Median Rent
Berkeley
$1,292
Lacon
$811
37% cheaper
Median Home Value
Berkeley
$222,400
Lacon
$111,700
50% cheaper
Population
Berkeley
5,222
Lacon
1,768

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Berkeley $3.20
Lacon $2.85
US $3.07
🥚
Eggs (grade A, large)
Berkeley $2.61
Lacon $2.33
US $2.50
🥛
Milk (whole)
Berkeley $4.20
Lacon $3.75
US $4.03
🍞
Bread (white)
Berkeley $1.93
Lacon $1.72
US $1.85
🍗
Chicken breast
Berkeley $4.32
Lacon $3.86
US $4.14
Electricity
Berkeley $0.15
Lacon $0.17
US $0.19