Albany, IL vs Fox Lake Hills, IL

The cost of living difference between Albany, IL and Fox Lake Hills, IL is dramatic. Albany is 32.8% cheaper than Fox Lake Hills, a gap that translates to thousands of dollars per year in household expenses. Albany has a cost index of 68 while Fox Lake Hills sits at 101, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Albany is $721/month compared to $1,514/month in Fox Lake Hills — a 52% difference. Home values follow the same pattern: Albany is more affordable at $147,800 median vs $229,700.

Median household income in Albany is $68,750 compared to $111,477 in Fox Lake Hills (-38.3%). While Fox Lake Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albany spend roughly 12.6% of their income on rent, less than the 16.3% in Fox Lake Hills.