Aledo, IL vs Westlake Village, IL

There is a significant gap in the cost of living between these two cities. Aledo is 25.7% cheaper than Westlake Village. With a cost index of 66 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Aledo to Westlake Village should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Aledo are $140,000 compared to $210,900 in Westlake Village, a 34% gap.

Median household income in Aledo is $62,829 compared to $143,424 in Westlake Village (-56.2%). While Westlake Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.