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Chester, IL vs Hinckley, IL

62
Chester
Illinois
VS
-37%
98
Hinckley
Illinois

The cost of living difference between Chester, IL and Hinckley, IL is dramatic. Chester is 37% cheaper than Hinckley, a gap that translates to thousands of dollars per year in household expenses. Chester has a cost index of 62 while Hinckley sits at 98, 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 Chester is $642/month compared to $1,333/month in Hinckley — a 52% difference. Home values follow the same pattern: Chester is more affordable at $107,800 median vs $267,600.

Median household income in Chester is $74,673 compared to $81,625 in Hinckley (-8.5%). Hinckley does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Chester spend roughly 10.3% of their income on rent, less than the 19.6% in Hinckley.

Income & Cost

Cost of Living Index
Chester
62
37% cheaper
Hinckley
98
Median Household Income
Chester
$74,673
Hinckley
$81,625
9% higher

Housing

Median Rent
Chester
$642
52% cheaper
Hinckley
$1,333
Median Home Value
Chester
$107,800
60% cheaper
Hinckley
$267,600
Population
Chester
6,830
Hinckley
2,286

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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