Lacon, IL vs Tampico, IL

Lacon, IL and Tampico, IL have a very similar cost of living, with only a 1% difference in their overall index. Lacon scores 65 while Tampico 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 Lacon is $811/month compared to $893/month in Tampico — a 9% difference. Interestingly, home values tell a different story: while Lacon has cheaper rent, Tampico actually has lower median home values ($87,700 vs $111,700).

Median household income in Lacon is $60,750 compared to $58,281 in Tampico (+4.2%). Lacon 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, less than the 18.4% in Tampico.

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