Clayton, IL vs Hodgkins, IL
There is a significant gap in the cost of living between these two cities. Clayton is 15.7% cheaper than Hodgkins. With a cost index of 59 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clayton to Hodgkins should plan for substantially higher expenses across most categories.
On the housing front, median rent in Clayton is $578/month compared to $1,000/month in Hodgkins — a 42% difference. Interestingly, home values tell a different story: while Clayton has cheaper rent, Hodgkins actually has lower median home values ($39,200 vs $90,000).
Median household income in Clayton is $63,438 compared to $63,056 in Hodgkins (+0.6%). Clayton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clayton spend roughly 10.9% of their income on rent, less than the 19% in Hodgkins.
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