Latham, IL vs Papineau, IL

Latham, IL and Papineau, IL have a very similar cost of living, with only a 4.2% difference in their overall index. Latham scores 65 while Papineau scores 63 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 $720/month in Papineau — a 30% difference. Interestingly, home values tell a different story: while Papineau has cheaper rent, Latham actually has lower median home values ($79,000 vs $86,700).

Median household income in Latham is $76,667 compared to $64,000 in Papineau (+19.8%). While Latham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Latham spend roughly 14.7% of their income on rent, more than the 13.5% in Papineau.

Climate-wise, both cities share similar average temperatures (53.1°F vs 51.8°F). Latham receives more rainfall at 36.4" per year compared to 33.4" in Papineau.