Hammond, IL vs Steeleville, IL

There is a significant gap in the cost of living between these two cities. Hammond is 15.8% cheaper than Steeleville. With a cost index of 59 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hammond to Steeleville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hammond is $608/month compared to $775/month in Steeleville — a 22% difference. Home values follow the same pattern: Hammond is more affordable at $104,700 median vs $155,100.

Median household income in Hammond is $73,571 compared to $60,982 in Steeleville (+20.6%). 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 15.3% in Steeleville.

Climate-wise, Steeleville is notably warmer with an average of 56.4°F compared to 53.1°F in Hammond. Steeleville receives more rainfall at 44" per year compared to 36.4" in Hammond.