Riverton, IL vs Third Lake, IL

There is a significant gap in the cost of living between these two cities. Riverton is 27.5% cheaper than Third Lake. With a cost index of 75 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Riverton to Third Lake should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Riverton are $140,000 compared to $329,500 in Third Lake, a 58% gap.

Median household income in Riverton is $75,527 compared to $150,893 in Third Lake (-49.9%). While Third Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Riverton is notably warmer with an average of 54°F compared to 48.3°F in Third Lake. Riverton receives more rainfall at 38" per year compared to 35.3" in Third Lake.