Fairmont City, IL vs Hennepin, IL

Fairmont City, IL and Hennepin, IL have a very similar cost of living, with only a 4.6% difference in their overall index. Fairmont City scores 69 while Hennepin scores 73 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 Fairmont City is $1,012/month compared to $836/month in Hennepin — a 21% difference. Interestingly, home values tell a different story: while Hennepin has cheaper rent, Fairmont City actually has lower median home values ($65,500 vs $166,700).

Median household income in Fairmont City is $43,333 compared to $78,594 in Hennepin (-44.9%). While Hennepin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairmont City spend roughly 28% of their income on rent, more than the 12.8% in Hennepin.

Climate-wise, Fairmont City is notably warmer with an average of 56.5°F compared to 52.7°F in Hennepin. Fairmont City receives more rainfall at 40.8" per year compared to 37.6" in Hennepin.