Diamond, IL vs Hamel, IL

Hamel is moderately more affordable than Diamond, with a 11.8% lower cost of living index. Diamond scores 90 compared to 81 for Hamel, where the US average is 100. This difference means residents of Diamond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Diamond is $1,224/month compared to $940/month in Hamel — a 30% difference. Interestingly, home values tell a different story: while Hamel has cheaper rent, Diamond actually has lower median home values ($211,500 vs $231,900).

Median household income in Diamond is $60,000 compared to $105,313 in Hamel (-43%). Hamel offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Diamond spend roughly 24.5% of their income on rent, more than the 10.7% in Hamel.