Latham, IL vs Orangeville, IL

Latham, IL and Orangeville, IL have a very similar cost of living, with only a 0.7% difference in their overall index. Latham scores 65 while Orangeville 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 Latham is $936/month compared to $689/month in Orangeville — a 36% difference. Interestingly, home values tell a different story: while Orangeville has cheaper rent, Latham actually has lower median home values ($79,000 vs $135,600).

Median household income in Latham is $76,667 compared to $70,833 in Orangeville (+8.2%). Latham offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Latham spend roughly 14.7% of their income on rent, more than the 11.7% in Orangeville.

Climate-wise, Latham is notably warmer with an average of 53.1°F compared to 49.4°F in Orangeville. Orangeville receives more rainfall at 37.2" per year compared to 36.4" in Latham.