Hainesville, IL vs Third Lake, IL

Hainesville is moderately more affordable than Third Lake, with a 11.8% lower cost of living index. Hainesville scores 91 compared to 103 for Third Lake, where the US average is 100. This difference means residents of Third Lake can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Hainesville are $218,500 compared to $329,500 in Third Lake, a 34% gap.

Median household income in Hainesville is $126,125 compared to $150,893 in Third Lake (-16.4%). 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 (48.3°F vs 48.3°F). Third Lake receives more rainfall at 35.3" per year compared to 35.3" in Hainesville.