Farmington, IL vs Lakemoor, IL

The cost of living difference between Farmington, IL and Lakemoor, IL is dramatic. Farmington is 39.7% cheaper than Lakemoor, a gap that translates to thousands of dollars per year in household expenses. Farmington has a cost index of 66 while Lakemoor sits at 109, 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 Farmington is $877/month compared to $1,711/month in Lakemoor — a 49% difference. Home values follow the same pattern: Farmington is more affordable at $99,300 median vs $261,300.

Median household income in Farmington is $64,313 compared to $96,929 in Lakemoor (-33.6%). The higher salaries in Lakemoor partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Farmington spend roughly 16.4% of their income on rent, less than the 21.2% in Lakemoor.

Climate-wise, Farmington is notably warmer with an average of 52.7°F compared to 48.3°F in Lakemoor. Farmington receives more rainfall at 37.6" per year compared to 35.3" in Lakemoor.