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Long Point, IL vs Shipman, IL

81
Long Point
Illinois
VS
+24.4%
65
Shipman
Illinois

There is a significant gap in the cost of living between these two cities. Shipman is 24.4% cheaper than Long Point. With a cost index of 65 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shipman to Long Point should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Long Point are $84,200 compared to $92,500 in Shipman, a 9% gap.

Median household income in Long Point is $46,786 compared to $62,500 in Shipman (-25.1%). Shipman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Shipman is notably warmer with an average of 56.1°F compared to 52.7°F in Long Point. Shipman receives more rainfall at 39.4" per year compared to 37.6" in Long Point.

Income & Cost

Cost of Living Index
Long Point
81
Shipman
65
20% cheaper
Median Household Income
Long Point
$46,786
Shipman
$62,500
25% higher

Housing

Median Rent
Long Point
Shipman
$788
Median Home Value
Long Point
$84,200
9% cheaper
Shipman
$92,500
Population
Long Point
228
Shipman
667

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Long Point
Shipman $3.03
US $3.07
🥚
Eggs (grade A, large)
Long Point
Shipman $2.47
US $2.50
🥛
Milk (whole)
Long Point
Shipman $3.97
US $4.03
🍞
Bread (white)
Long Point
Shipman $1.83
US $1.85
🍗
Chicken breast
Long Point
Shipman $4.09
US $4.14
Electricity
Long Point
Shipman $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Long Point 52.7°F
Shipman 56.1°F
Summer High
Long Point 86°F
Shipman 89°F
Winter Low
Long Point 18°F
Shipman 22°F
Rainfall
Long Point 37.6"
Shipman 39.4"
Rainy Days
Long Point 117d
Shipman 114d