Lacon, IL vs Milan, IL

Lacon, IL and Milan, IL have a very similar cost of living, with only a 1.5% difference in their overall index. Lacon scores 65 while Milan scores 66 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 Lacon is $811/month compared to $817/month in Milan — a 1% difference. Home values follow the same pattern: Lacon is more affordable at $111,700 median vs $120,300.

Median household income in Lacon is $60,750 compared to $61,188 in Milan (-0.7%). Milan 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 Lacon spend roughly 16% of their income on rent, less than the 16% in Milan.

Climate-wise, both cities share similar average temperatures (52.7°F vs 51.2°F). Milan receives more rainfall at 38.3" per year compared to 37.6" in Lacon.