Cost of Living in Hanaford, IL
Population: 327 | Illinois
Hanaford is 22% less expensive than the national average.
Cost of Living in Hanaford, IL: What You Need to Know
With a cost of living index of 78, Hanaford, IL is a very affordable place to live. Living here is 22% cheaper than the national average and in line with the Illinois state average. Hanaford is a small community of 327 residents.
The median household income in Hanaford is $59,500, which is 21% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Hanaford. The area sees an average annual temperature of 56.4°F, with summers averaging 76°F and winters around 36°F. Annual rainfall totals 44 inches spread over roughly 130 days.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $59,500
- vs US Median ($75,149)
- -21%
Housing
- Median Home Value
- $56,100
- Median Monthly Housing Cost
- $572/mo
Climate in Hanaford
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 42 | 47 | 57 | 68 | 77 | 86 | 88 | 87 | 81 | 70 | 56 | 46 |
| Avg °F | 33 | 38 | 47 | 57 | 66 | 75 | 78 | 76 | 68 | 57 | 46 | 37 |
| Low °F | 25 | 28 | 36 | 45 | 55 | 64 | 68 | 65 | 56 | 45 | 35 | 28 |
| Rain" | 2.8 | 2.6 | 4.1 | 5.3 | 5.0 | 4.1 | 3.6 | 3.1 | 2.9 | 3.5 | 3.9 | 3.1 |