Benton, IL vs Libertyville, IL

The cost of living difference between Benton, IL and Libertyville, IL is dramatic. Benton is 48.1% cheaper than Libertyville, a gap that translates to thousands of dollars per year in household expenses. Benton has a cost index of 64 while Libertyville sits at 123, 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.

On the housing front, median rent in Benton is $776/month compared to $1,537/month in Libertyville — a 50% difference. Home values follow the same pattern: Benton is more affordable at $85,100 median vs $499,300.

Median household income in Benton is $51,349 compared to $162,270 in Libertyville (-68.4%). While Libertyville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benton spend roughly 18.1% of their income on rent, more than the 11.4% in Libertyville.