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El Paso, IL vs Hampshire, IL

70
El Paso
Illinois
VS
-47.2%
133
Hampshire
Illinois

The cost of living difference between El Paso, IL and Hampshire, IL is dramatic. El Paso is 47.2% cheaper than Hampshire, a gap that translates to thousands of dollars per year in household expenses. El Paso has a cost index of 70 while Hampshire sits at 133, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in El Paso is $892/month compared to $2,356/month in Hampshire — a 62% difference. Home values follow the same pattern: El Paso is more affordable at $149,200 median vs $316,200.

Median household income in El Paso is $70,063 compared to $107,774 in Hampshire (-35%). The higher salaries in Hampshire partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of El Paso spend roughly 15.3% of their income on rent, less than the 26.2% in Hampshire.

Climate-wise, El Paso is notably warmer with an average of 52.7°F compared to 49.7°F in Hampshire. El Paso receives more rainfall at 37.6" per year compared to 33.2" in Hampshire.

Income & Cost

Cost of Living Index
El Paso
70
47% cheaper
Hampshire
133
Median Household Income
El Paso
$70,063
Hampshire
$107,774
35% higher

Housing

Median Rent
El Paso
$892
62% cheaper
Hampshire
$2,356
Median Home Value
El Paso
$149,200
53% cheaper
Hampshire
$316,200
Population
El Paso
2,871
Hampshire
8,351

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
El Paso $2.85
Hampshire $3.20
US $3.07
🥚
Eggs (grade A, large)
El Paso $2.33
Hampshire $2.61
US $2.50
🥛
Milk (whole)
El Paso $3.75
Hampshire $4.20
US $4.03
🍞
Bread (white)
El Paso $1.72
Hampshire $1.93
US $1.85
🍗
Chicken breast
El Paso $3.86
Hampshire $4.32
US $4.14
Electricity
El Paso $0.17
Hampshire $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
El Paso 52.7°F
Hampshire 49.7°F
Summer High
El Paso 86°F
Hampshire 84°F
Winter Low
El Paso 18°F
Hampshire 16°F
Rainfall
El Paso 37.6"
Hampshire 33.2"
Rainy Days
El Paso 117d
Hampshire 121d