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Lawrence, IL vs Thayer, IL

94
Lawrence
Illinois
VS
+40.5%
67
Thayer
Illinois

The cost of living difference between Lawrence, IL and Thayer, IL is dramatic. Thayer is 40.5% cheaper than Lawrence, a gap that translates to thousands of dollars per year in household expenses. Lawrence has a cost index of 94 while Thayer sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Lawrence are $218,800 compared to $87,300 in Thayer, a 151% gap.

Median household income in Lawrence is $94,205 compared to $63,125 in Thayer (+49.2%). While Lawrence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Thayer is notably warmer with an average of 54°F compared to 49.4°F in Lawrence. Thayer receives more rainfall at 38" per year compared to 37.2" in Lawrence.

Income & Cost

Cost of Living Index
Lawrence
94
Thayer
67
29% cheaper
Median Household Income
Lawrence
$94,205
33% higher
Thayer
$63,125

Housing

Median Rent
Lawrence
Thayer
$919
Median Home Value
Lawrence
$218,800
Thayer
$87,300
60% cheaper
Population
Lawrence
213
Thayer
638

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lawrence $3.20
Thayer $2.85
US $3.07
🥚
Eggs (grade A, large)
Lawrence $2.61
Thayer $2.33
US $2.50
🥛
Milk (whole)
Lawrence $4.20
Thayer $3.75
US $4.03
🍞
Bread (white)
Lawrence $1.93
Thayer $1.72
US $1.85
🍗
Chicken breast
Lawrence $4.32
Thayer $3.86
US $4.14
Electricity
Lawrence $0.15
Thayer $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lawrence 49.4°F
Thayer 54°F
Summer High
Lawrence 84°F
Thayer 87°F
Winter Low
Lawrence 15°F
Thayer 20°F
Rainfall
Lawrence 37.2"
Thayer 38"
Rainy Days
Lawrence 121d
Thayer 115d