Addison, IL vs Arlington Heights, IL
There is a significant gap in the cost of living between these two cities. Addison is 18% cheaper than Arlington Heights. With a cost index of 99 vs 121, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Addison to Arlington Heights should plan for substantially higher expenses across most categories.
On the housing front, median rent in Addison is $1,238/month compared to $1,727/month in Arlington Heights — a 28% difference. Home values follow the same pattern: Addison is more affordable at $318,000 median vs $403,200.
Median household income in Addison is $87,587 compared to $118,532 in Arlington Heights (-26.1%). While Arlington Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Addison spend roughly 17% of their income on rent, less than the 17.5% in Arlington Heights.
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