Hoopeston, IL vs Lacon, IL

Hoopeston, IL and Lacon, IL have a very similar cost of living, with only a 2.6% difference in their overall index. Hoopeston scores 63 while Lacon scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hoopeston is $803/month compared to $811/month in Lacon — a 1% difference. Home values follow the same pattern: Hoopeston is more affordable at $63,400 median vs $111,700.

Median household income in Hoopeston is $55,180 compared to $60,750 in Lacon (-9.2%). While Lacon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hoopeston spend roughly 17.5% of their income on rent, more than the 16% in Lacon.

Climate-wise, both cities share similar average temperatures (52.3°F vs 52.7°F). Hoopeston receives more rainfall at 40.4" per year compared to 37.6" in Lacon.