Hampshire, IL vs Westmont, IL

There is a significant gap in the cost of living between these two cities. Westmont is 21.8% cheaper than Hampshire. With a cost index of 109 vs 133, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Westmont to Hampshire should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hampshire is $2,356/month compared to $1,427/month in Westmont — a 65% difference. Interestingly, home values tell a different story: while Westmont has cheaper rent, Hampshire actually has lower median home values ($316,200 vs $369,100).

Median household income in Hampshire is $107,774 compared to $83,622 in Westmont (+28.9%). 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, more than the 20.5% in Westmont.

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