Industry, IL vs Lacon, IL

Industry, IL and Lacon, IL have a very similar cost of living, with only a 1.5% difference in their overall index. Industry scores 64 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 Industry is $776/month compared to $811/month in Lacon — a 4% difference. Home values follow the same pattern: Industry is more affordable at $82,000 median vs $111,700.

Median household income in Industry is $54,306 compared to $60,750 in Lacon (-10.6%). 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 Industry spend roughly 17.1% of their income on rent, more than the 16% in Lacon.

Climate-wise, both cities share similar average temperatures (53°F vs 52.7°F). Lacon receives more rainfall at 37.6" per year compared to 36.4" in Industry.