Algonquin, IL vs Lyons, IL

There is a significant gap in the cost of living between these two cities. Lyons is 28.8% cheaper than Algonquin. With a cost index of 91 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lyons to Algonquin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Algonquin is $1,800/month compared to $1,154/month in Lyons — a 56% difference. Home values follow the same pattern: Lyons is more affordable at $243,500 median vs $324,000.

Median household income in Algonquin is $131,753 compared to $64,209 in Lyons (+105.2%). While Algonquin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Algonquin spend roughly 16.4% of their income on rent, less than the 21.6% in Lyons.