Danvers, IL vs Hamilton, IL

There is a significant gap in the cost of living between these two cities. Hamilton is 15.4% cheaper than Danvers. With a cost index of 69 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hamilton to Danvers should plan for substantially higher expenses across most categories.

On the housing front, median rent in Danvers is $1,147/month compared to $888/month in Hamilton — a 29% difference. Home values follow the same pattern: Hamilton is more affordable at $105,600 median vs $156,500.

Median household income in Danvers is $66,964 compared to $53,487 in Hamilton (+25.2%). While Danvers is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Danvers spend roughly 20.6% of their income on rent, more than the 19.9% in Hamilton.