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Hampshire, IL vs Kankakee, IL

133
Hampshire
Illinois
VS
+87.9%
71
Kankakee
Illinois

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.

Income & Cost

Cost of Living Index
Hampshire
133
Kankakee
71
47% cheaper
Median Household Income
Hampshire
$107,774
58% higher
Kankakee
$45,119

Housing

Median Rent
Hampshire
$2,356
Kankakee
$986
58% cheaper
Median Home Value
Hampshire
$316,200
Kankakee
$105,500
67% cheaper
Population
Hampshire
8,351
Kankakee
24,384

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hampshire $3.20
Kankakee $2.85
US $3.07
🥚
Eggs (grade A, large)
Hampshire $2.61
Kankakee $2.33
US $2.50
🥛
Milk (whole)
Hampshire $4.20
Kankakee $3.75
US $4.03
🍞
Bread (white)
Hampshire $1.93
Kankakee $1.72
US $1.85
🍗
Chicken breast
Hampshire $4.32
Kankakee $3.86
US $4.14
Electricity
Hampshire $0.15
Kankakee $0.16
US $0.19

Climate

NOAA 30-year normals (1991-2020)

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