Cordova, IL vs Lacon, IL

There is a significant gap in the cost of living between these two cities. Lacon is 15.3% cheaper than Cordova. With a cost index of 65 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lacon to Cordova should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cordova is $956/month compared to $811/month in Lacon — a 18% difference. Home values follow the same pattern: Lacon is more affordable at $111,700 median vs $177,400.

Median household income in Cordova is $75,588 compared to $60,750 in Lacon (+24.4%). While Cordova is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cordova spend roughly 15.2% of their income on rent, less than the 16% in Lacon.