Bellwood, IL vs Downers Grove, IL
There is a significant gap in the cost of living between these two cities. Bellwood is 24.3% cheaper than Downers Grove. With a cost index of 91 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bellwood to Downers Grove should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bellwood is $1,221/month compared to $1,589/month in Downers Grove — a 23% difference. Home values follow the same pattern: Bellwood is more affordable at $219,600 median vs $439,000.
Median household income in Bellwood is $76,990 compared to $119,649 in Downers Grove (-35.7%). While Downers Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bellwood spend roughly 19% of their income on rent, more than the 15.9% in Downers Grove.
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