Hampshire, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
Hampshire's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Hampshire is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Hampshire, IL?

According to the most recent data on the cost of living, Hampshire has an overall cost of living index of 103 which is 1.0x higher than the national index of 100.

Compared to only Illinois, Hampshire has a cost of living index that's 1.1x higher than Illinois's index of 98.

The standard of living in Hampshire ranks as #3524 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Hampshire ranks as the #2882 most expensive place in the Prairie State.

For more reading on life in Hampshire, check out:

Hampshire Cost Of Living Vs. Illinois

Living Expense Hampshire Illinois National Average
Overall 103 98 100
Services 96 98 100
Groceries 94 97 100
Health 105 100 100
Housing 116 95 100
Transportation 109 112 100
Utilities 90 97 100
For more reading on cost of living around Illinois, check out:
Hampshire Cost of Living Vs. IL

Hampshire, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Hampshire Illinois United States
Median Home Value $194,400 $187,200 $204,900
Median Rent $1,233 $984 $1,023
Median Income $102,418 $63,575 $60,293
Home Value To Income 1.9x 2.9x 3.4x
Rent To Monthly Income 0.14x 0.19x 0.2x

Hampshire SnackAbility

Overall SnackAbility

Cost Of Living In Cities Around Hampshire

City Population Cost Of Living Vs. Hampshire
Hoffman Estates, IL 51,282 115 1.1x
Bartlett, IL 41,316 118 1.1x
Streamwood, IL 40,413 110 1.1x
St. Charles, IL 32,772 113 1.1x
Algonquin, IL 30,709 108 1.0x
Lake in the Hills, IL 28,832 104 1.0x
Huntley, IL 26,486 105 1.0x
Geneva, IL 21,799 117 1.1x
Cary, IL 17,871 111 1.1x
Campton Hills, IL 11,348 137 1.3x

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