Lacon, IL vs New Boston, IL
There is a significant gap in the cost of living between these two cities. New Boston is 19.8% cheaper than Lacon. With a cost index of 54 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Boston to Lacon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lacon is $811/month compared to $483/month in New Boston — a 68% difference. Home values follow the same pattern: New Boston is more affordable at $100,700 median vs $111,700.
Median household income in Lacon is $60,750 compared to $61,563 in New Boston (-1.3%). New Boston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lacon spend roughly 16% of their income on rent, more than the 9.4% in New Boston.
Climate-wise, both cities share similar average temperatures (52.7°F vs 51.9°F). New Boston receives more rainfall at 37.9" per year compared to 37.6" in Lacon.
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