Hampshire, IL vs Kankakee, IL
The cost of living difference between Hampshire, IL and Kankakee, IL is dramatic. Kankakee is 87.9% cheaper than Hampshire, a gap that translates to thousands of dollars per year in household expenses. Hampshire has a cost index of 133 while Kankakee sits at 71, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.
On the housing front, median rent in Hampshire is $2,356/month compared to $986/month in Kankakee — a 139% difference. Home values follow the same pattern: Kankakee is more affordable at $105,500 median vs $316,200.
Median household income in Hampshire is $107,774 compared to $45,119 in Kankakee (+138.9%). While Hampshire is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hampshire spend roughly 26.2% of their income on rent, less than the 26.2% in Kankakee.
Climate-wise, both cities share similar average temperatures (49.7°F vs 52.1°F). Kankakee receives more rainfall at 34.4" per year compared to 33.2" in Hampshire.
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