Hammond, IL vs Stoy, IL
There is a significant gap in the cost of living between these two cities. Hammond is 28.3% cheaper than Stoy. With a cost index of 59 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hammond to Stoy should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Hammond are $104,700 compared to $102,200 in Stoy, a 2% gap.
Median household income in Hammond is $73,571 compared to $76,056 in Stoy (-3.3%). Stoy does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
Climate-wise, both cities share similar average temperatures (53.1°F vs 55.7°F). Stoy receives more rainfall at 41.7" per year compared to 36.4" in Hammond.
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Climate
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