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Hodgkins, IL vs Milan, IL

69
Hodgkins
Illinois
VS
+5.4%
66
Milan
Illinois

Milan is moderately more affordable than Hodgkins, with a 5.4% lower cost of living index. Hodgkins scores 69 compared to 66 for Milan, where the US average is 100. This difference means residents of Hodgkins can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hodgkins is $1,000/month compared to $817/month in Milan — a 22% difference. Interestingly, home values tell a different story: while Milan has cheaper rent, Hodgkins actually has lower median home values ($39,200 vs $120,300).

Median household income in Hodgkins is $63,056 compared to $61,188 in Milan (+3.1%). The higher salaries in Hodgkins partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hodgkins spend roughly 19% of their income on rent, more than the 16% in Milan.

Climate-wise, both cities share similar average temperatures (52.1°F vs 51.2°F). Milan receives more rainfall at 38.3" per year compared to 34.4" in Hodgkins.

Income & Cost

Cost of Living Index
Hodgkins
69
Milan
66
5% cheaper
Median Household Income
Hodgkins
$63,056
3% higher
Milan
$61,188

Housing

Median Rent
Hodgkins
$1,000
Milan
$817
18% cheaper
Median Home Value
Hodgkins
$39,200
67% cheaper
Milan
$120,300
Population
Hodgkins
1,766
Milan
5,037

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hodgkins $3.20
Milan $2.95
US $3.07
🥚
Eggs (grade A, large)
Hodgkins $2.61
Milan $2.41
US $2.50
🥛
Milk (whole)
Hodgkins $4.20
Milan $3.88
US $4.03
🍞
Bread (white)
Hodgkins $1.93
Milan $1.78
US $1.85
🍗
Chicken breast
Hodgkins $4.32
Milan $3.99
US $4.14
Electricity
Hodgkins $0.15
Milan $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hodgkins 52.1°F
Milan 51.2°F
Summer High
Hodgkins 85°F
Milan 86°F
Winter Low
Hodgkins 19°F
Milan 15°F
Rainfall
Hodgkins 34.4"
Milan 38.3"
Rainy Days
Hodgkins 121d
Milan 117d