Quincy, IL vs Waukegan, IL
There is a significant gap in the cost of living between these two cities. Quincy is 17.7% cheaper than Waukegan. With a cost index of 71 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Quincy to Waukegan should plan for substantially higher expenses across most categories.
On the housing front, median rent in Quincy is $824/month compared to $1,163/month in Waukegan — a 29% difference. Home values follow the same pattern: Quincy is more affordable at $146,100 median vs $177,600.
Median household income in Quincy is $56,372 compared to $70,578 in Waukegan (-20.1%). While Waukegan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Quincy spend roughly 17.5% of their income on rent, less than the 19.8% in Waukegan.
Climate-wise, Quincy is notably warmer with an average of 53°F compared to 48.3°F in Waukegan. Quincy receives more rainfall at 36.4" per year compared to 35.3" in Waukegan.
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