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Bement, IL vs Palos Park, IL

63
Bement
Illinois
VS
-44.5%
114
Palos Park
Illinois

The cost of living difference between Bement, IL and Palos Park, IL is dramatic. Bement is 44.5% cheaper than Palos Park, a gap that translates to thousands of dollars per year in household expenses. Bement has a cost index of 63 while Palos Park sits at 114, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Bement are $101,200 compared to $469,900 in Palos Park, a 79% gap.

Median household income in Bement is $79,583 compared to $126,263 in Palos Park (-37%). The higher salaries in Palos Park partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Bement
63
45% cheaper
Palos Park
114
Median Household Income
Bement
$79,583
Palos Park
$126,263
37% higher

Housing

Median Rent
Bement
$772
Palos Park
Median Home Value
Bement
$101,200
78% cheaper
Palos Park
$469,900
Population
Bement
1,664
Palos Park
4,832

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bement $2.85
Palos Park $3.20
US $3.07
🥚
Eggs (grade A, large)
Bement $2.33
Palos Park $2.61
US $2.50
🥛
Milk (whole)
Bement $3.75
Palos Park $4.20
US $4.03
🍞
Bread (white)
Bement $1.72
Palos Park $1.93
US $1.85
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Chicken breast
Bement $3.86
Palos Park $4.32
US $4.14
Electricity
Bement $0.17
Palos Park $0.15
US $0.19