Bay View Gardens, IL vs Morrisonville, IL

Bay View Gardens, IL and Morrisonville, IL have a very similar cost of living, with only a 4.3% difference in their overall index. Bay View Gardens scores 63 while Morrisonville scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bay View Gardens is $748/month compared to $788/month in Morrisonville — a 5% difference. Interestingly, home values tell a different story: while Bay View Gardens has cheaper rent, Morrisonville actually has lower median home values ($105,900 vs $116,700).

Median household income in Bay View Gardens is $46,875 compared to $81,944 in Morrisonville (-42.8%). While Morrisonville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bay View Gardens spend roughly 19.1% of their income on rent, more than the 11.5% in Morrisonville.