Hoopeston, IL vs Venice, IL

Hoopeston, IL and Venice, IL have a very similar cost of living, with only a 2.7% difference in their overall index. Hoopeston scores 63 while Venice 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 $898/month in Venice — a 11% difference. Interestingly, home values tell a different story: while Hoopeston has cheaper rent, Venice actually has lower median home values ($54,000 vs $63,400).

Median household income in Hoopeston is $55,180 compared to $34,609 in Venice (+59.4%). Hoopeston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hoopeston spend roughly 17.5% of their income on rent, less than the 31.1% in Venice. The Hoopeston ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Venice is notably warmer with an average of 56.5°F compared to 52.3°F in Hoopeston. Venice receives more rainfall at 40.8" per year compared to 40.4" in Hoopeston.