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Hinckley, IL vs Newman, IL

98
Hinckley
Illinois
VS
+49.7%
66
Newman
Illinois

The cost of living difference between Hinckley, IL and Newman, IL is dramatic. Newman is 49.7% cheaper than Hinckley, a gap that translates to thousands of dollars per year in household expenses. Hinckley has a cost index of 98 while Newman sits at 66, 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 Hinckley is $1,333/month compared to $768/month in Newman — a 74% difference. Home values follow the same pattern: Newman is more affordable at $106,700 median vs $267,600.

Median household income in Hinckley is $81,625 compared to $73,526 in Newman (+11%). Hinckley 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 Hinckley spend roughly 19.6% of their income on rent, more than the 12.5% in Newman.

Climate-wise, Newman is notably warmer with an average of 52.5°F compared to 49.4°F in Hinckley. Newman receives more rainfall at 37" per year compared to 33.8" in Hinckley.

Income & Cost

Cost of Living Index
Hinckley
98
Newman
66
33% cheaper
Median Household Income
Hinckley
$81,625
10% higher
Newman
$73,526

Housing

Median Rent
Hinckley
$1,333
Newman
$768
42% cheaper
Median Home Value
Hinckley
$267,600
Newman
$106,700
60% cheaper
Population
Hinckley
2,286
Newman
796

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hinckley $3.20
Newman
US $3.07
🥚
Eggs (grade A, large)
Hinckley $2.61
Newman
US $2.50
🥛
Milk (whole)
Hinckley $4.20
Newman
US $4.03
🍞
Bread (white)
Hinckley $1.93
Newman
US $1.85
🍗
Chicken breast
Hinckley $4.32
Newman
US $4.14
Electricity
Hinckley $0.15
Newman
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hinckley 49.4°F
Newman 52.5°F
Summer High
Hinckley 84°F
Newman 85°F
Winter Low
Hinckley 15°F
Newman 18°F
Rainfall
Hinckley 33.8"
Newman 37"
Rainy Days
Hinckley 126d
Newman 122d