Hampshire, IL vs Winnebago, IL

The cost of living difference between Hampshire, IL and Winnebago, IL is dramatic. Winnebago is 78% cheaper than Hampshire, a gap that translates to thousands of dollars per year in household expenses. Hampshire has a cost index of 133 while Winnebago sits at 75, 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 $941/month in Winnebago — a 150% difference. Home values follow the same pattern: Winnebago is more affordable at $180,300 median vs $316,200.

Median household income in Hampshire is $107,774 compared to $82,813 in Winnebago (+30.1%). Hampshire does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hampshire spend roughly 26.2% of their income on rent, more than the 13.6% in Winnebago.

Climate-wise, both cities share similar average temperatures (49.7°F vs 49.4°F). Winnebago receives more rainfall at 37.2" per year compared to 33.2" in Hampshire.