Hainesville, IL vs New Milford, IL

The cost of living difference between Hainesville, IL and New Milford, IL is dramatic. New Milford is 39.7% cheaper than Hainesville, a gap that translates to thousands of dollars per year in household expenses. Hainesville has a cost index of 91 while New Milford sits at 65, 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 Hainesville is $1,219/month compared to $750/month in New Milford — a 63% difference. Home values follow the same pattern: New Milford is more affordable at $130,200 median vs $218,500.

Median household income in Hainesville is $126,125 compared to $73,125 in New Milford (+72.5%). While Hainesville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hainesville spend roughly 11.6% of their income on rent, less than the 12.3% in New Milford.

Climate-wise, both cities share similar average temperatures (48.3°F vs 49.4°F). New Milford receives more rainfall at 37.2" per year compared to 35.3" in Hainesville.