Hampton, IL vs Shipman, IL

There is a significant gap in the cost of living between these two cities. Shipman is 19.1% cheaper than Hampton. With a cost index of 65 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shipman to Hampton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hampton is $1,018/month compared to $788/month in Shipman — a 29% difference. Home values follow the same pattern: Shipman is more affordable at $92,500 median vs $182,800.

Median household income in Hampton is $86,679 compared to $62,500 in Shipman (+38.7%). While Hampton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hampton spend roughly 14.1% of their income on rent, less than the 15.1% in Shipman.

Climate-wise, Shipman is notably warmer with an average of 56.1°F compared to 51.2°F in Hampton. Shipman receives more rainfall at 39.4" per year compared to 38.3" in Hampton.