Arlington Heights, IL vs Lake in the Hills, IL

Lake in the Hills is moderately more affordable than Arlington Heights, with a 10.5% lower cost of living index. Arlington Heights scores 121 compared to 110 for Lake in the Hills, where the US average is 100. This difference means residents of Arlington Heights can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Arlington Heights is $1,727/month compared to $1,634/month in Lake in the Hills — a 6% difference. Home values follow the same pattern: Lake in the Hills is more affordable at $296,400 median vs $403,200.

Median household income in Arlington Heights is $118,532 compared to $113,491 in Lake in the Hills (+4.4%). Arlington Heights 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 Arlington Heights spend roughly 17.5% of their income on rent, more than the 17.3% in Lake in the Hills.