Belvidere, IL vs Berwyn, IL

There is a significant gap in the cost of living between these two cities. Belvidere is 23.4% cheaper than Berwyn. With a cost index of 73 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Belvidere to Berwyn should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belvidere is $943/month compared to $1,175/month in Berwyn — a 20% difference. Home values follow the same pattern: Belvidere is more affordable at $153,100 median vs $286,000.

Median household income in Belvidere is $62,462 compared to $75,235 in Berwyn (-17%). The higher salaries in Berwyn partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Belvidere spend roughly 18.1% of their income on rent, less than the 18.7% in Berwyn.