Hamilton, IL vs Round Lake Park, IL
There is a significant gap in the cost of living between these two cities. Hamilton is 22.1% cheaper than Round Lake Park. With a cost index of 69 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hamilton to Round Lake Park should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hamilton is $888/month compared to $1,320/month in Round Lake Park — a 33% difference. Home values follow the same pattern: Hamilton is more affordable at $105,600 median vs $157,900.
Median household income in Hamilton is $53,487 compared to $57,486 in Round Lake Park (-7%). Round Lake Park does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hamilton spend roughly 19.9% of their income on rent, less than the 27.6% in Round Lake Park.
Climate-wise, Hamilton is notably warmer with an average of 51.9°F compared to 48.3°F in Round Lake Park. Hamilton receives more rainfall at 37.9" per year compared to 35.3" in Round Lake Park.
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NOAA 30-year normals (1991-2020)