Fairmount, IL vs Hodgkins, IL

Fairmount is moderately more affordable than Hodgkins, with a 8.1% lower cost of living index. Fairmount scores 64 compared to 69 for Hodgkins, where the US average is 100. This difference means residents of Hodgkins can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairmount is $735/month compared to $1,000/month in Hodgkins — a 27% difference. Interestingly, home values tell a different story: while Fairmount has cheaper rent, Hodgkins actually has lower median home values ($39,200 vs $95,900).

Median household income in Fairmount is $63,393 compared to $63,056 in Hodgkins (+0.5%). Fairmount offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairmount spend roughly 13.9% of their income on rent, less than the 19% in Hodgkins.

Climate-wise, both cities share similar average temperatures (52.5°F vs 52.1°F). Fairmount receives more rainfall at 37" per year compared to 34.4" in Hodgkins.