Fulton, IL vs Third Lake, IL
There is a significant gap in the cost of living between these two cities. Fulton is 29.2% cheaper than Third Lake. With a cost index of 73 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fulton to Third Lake should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Fulton are $124,400 compared to $329,500 in Third Lake, a 62% gap.
Median household income in Fulton is $42,452 compared to $150,893 in Third Lake (-71.9%). While Third Lake 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 (49.9°F vs 48.3°F). Fulton receives more rainfall at 36.2" per year compared to 35.3" in Third Lake.
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Climate
NOAA 30-year normals (1991-2020)