Buckingham, IL vs Hanover, IL

There is a significant gap in the cost of living between these two cities. Hanover is 29% cheaper than Buckingham. With a cost index of 63 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hanover to Buckingham should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Buckingham are $116,200 compared to $86,200 in Hanover, a 35% gap.

Median household income in Buckingham is $76,250 compared to $39,583 in Hanover (+92.6%). While Buckingham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.