Berkeley, IL vs Forest Lake, IL

Berkeley is moderately more affordable than Forest Lake, with a 8.5% lower cost of living index. Berkeley scores 93 compared to 102 for Forest Lake, where the US average is 100. This difference means residents of Forest Lake can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Berkeley are $222,400 compared to $318,300 in Forest Lake, a 30% gap.

Median household income in Berkeley is $83,224 compared to $92,956 in Forest Lake (-10.5%). While Forest Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.