Chapin, IL vs Lacon, IL

Lacon is moderately more affordable than Chapin, with a 6.6% lower cost of living index. Chapin scores 69 compared to 65 for Lacon, where the US average is 100. This difference means residents of Chapin can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chapin is $945/month compared to $811/month in Lacon — a 17% difference. Interestingly, home values tell a different story: while Lacon has cheaper rent, Chapin actually has lower median home values ($83,800 vs $111,700).

Median household income in Chapin is $69,213 compared to $60,750 in Lacon (+13.9%). While Chapin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chapin spend roughly 16.4% of their income on rent, more than the 16% in Lacon.