Colona, IL vs Lacon, IL

Lacon is moderately more affordable than Colona, with a 8.6% lower cost of living index. Colona scores 70 compared to 65 for Lacon, where the US average is 100. This difference means residents of Colona can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colona is $881/month compared to $811/month in Lacon — a 9% difference. Home values follow the same pattern: Lacon is more affordable at $111,700 median vs $152,100.

Median household income in Colona is $76,558 compared to $60,750 in Lacon (+26%). While Colona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colona spend roughly 13.8% of their income on rent, less than the 16% in Lacon.