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Hampshire, IL vs Homer Glen, IL

133
Hampshire
Illinois
VS
+9.8%
121
Homer Glen
Illinois

Homer Glen is moderately more affordable than Hampshire, with a 9.8% lower cost of living index. Hampshire scores 133 compared to 121 for Homer Glen, where the US average is 100. This difference means residents of Hampshire can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hampshire is $2,356/month compared to $1,737/month in Homer Glen — a 36% difference. Interestingly, home values tell a different story: while Homer Glen has cheaper rent, Hampshire actually has lower median home values ($316,200 vs $400,000).

Median household income in Hampshire is $107,774 compared to $128,546 in Homer Glen (-16.2%). Homer Glen offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hampshire spend roughly 26.2% of their income on rent, more than the 16.2% in Homer Glen.

Climate-wise, both cities share similar average temperatures (49.7°F vs 52.1°F). Homer Glen receives more rainfall at 34.4" per year compared to 33.2" in Hampshire.

Income & Cost

Cost of Living Index
Hampshire
133
Homer Glen
121
9% cheaper
Median Household Income
Hampshire
$107,774
Homer Glen
$128,546
16% higher

Housing

Median Rent
Hampshire
$2,356
Homer Glen
$1,737
26% cheaper
Median Home Value
Hampshire
$316,200
21% cheaper
Homer Glen
$400,000
Population
Hampshire
8,351
Homer Glen
24,516

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hampshire $3.20
Homer Glen $3.20
US $3.07
🥚
Eggs (grade A, large)
Hampshire $2.61
Homer Glen $2.61
US $2.50
🥛
Milk (whole)
Hampshire $4.20
Homer Glen $4.20
US $4.03
🍞
Bread (white)
Hampshire $1.93
Homer Glen $1.93
US $1.85
🍗
Chicken breast
Hampshire $4.32
Homer Glen $4.32
US $4.14
Electricity
Hampshire $0.15
Homer Glen $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hampshire 49.7°F
Homer Glen 52.1°F
Summer High
Hampshire 84°F
Homer Glen 85°F
Winter Low
Hampshire 16°F
Homer Glen 19°F
Rainfall
Hampshire 33.2"
Homer Glen 34.4"
Rainy Days
Hampshire 121d
Homer Glen 121d