Hammond, IL vs Hodgkins, IL

There is a significant gap in the cost of living between these two cities. Hammond is 15.3% cheaper than Hodgkins. With a cost index of 59 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hammond to Hodgkins should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hammond is $608/month compared to $1,000/month in Hodgkins — a 39% difference. Interestingly, home values tell a different story: while Hammond has cheaper rent, Hodgkins actually has lower median home values ($39,200 vs $104,700).

Median household income in Hammond is $73,571 compared to $63,056 in Hodgkins (+16.7%). Hammond offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hammond spend roughly 9.9% of their income on rent, less than the 19% in Hodgkins.

Climate-wise, both cities share similar average temperatures (53.1°F vs 52.1°F). Hammond receives more rainfall at 36.4" per year compared to 34.4" in Hodgkins.