Aledo, IL vs Fox Lake, IL
There is a significant gap in the cost of living between these two cities. Aledo is 23.2% cheaper than Fox Lake. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Aledo to Fox Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Aledo is $770/month compared to $1,059/month in Fox Lake — a 27% difference. Home values follow the same pattern: Aledo is more affordable at $140,000 median vs $219,300.
Median household income in Aledo is $62,829 compared to $69,896 in Fox Lake (-10.1%). Fox Lake does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Aledo spend roughly 14.7% of their income on rent, less than the 18.2% in Fox Lake.
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