Danforth, IL vs Hodgkins, IL

Danforth, IL and Hodgkins, IL have a very similar cost of living, with only a 1.9% difference in their overall index. Danforth scores 71 while Hodgkins scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Danforth is $850/month compared to $1,000/month in Hodgkins — a 15% difference. Interestingly, home values tell a different story: while Danforth has cheaper rent, Hodgkins actually has lower median home values ($39,200 vs $138,600).

Median household income in Danforth is $47,750 compared to $63,056 in Hodgkins (-24.3%). Hodgkins offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Danforth spend roughly 21.4% of their income on rent, more than the 19% in Hodgkins.