Fairmount, IL vs Lake Camelot, IL
There is a significant gap in the cost of living between these two cities. Fairmount is 28.5% cheaper than Lake Camelot. With a cost index of 64 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairmount to Lake Camelot should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Fairmount are $95,900 compared to $220,300 in Lake Camelot, a 57% gap.
Median household income in Fairmount is $63,393 compared to $128,333 in Lake Camelot (-50.6%). While Lake Camelot is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, both cities share similar average temperatures (52.5°F vs 52.7°F). Lake Camelot receives more rainfall at 37.6" per year compared to 37" in Fairmount.
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