Berkeley, IL vs Lake Camelot, IL

Berkeley, IL and Lake Camelot, IL have a very similar cost of living, with only a 4.6% difference in their overall index. Berkeley scores 93 while Lake Camelot scores 89 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Berkeley are $222,400 compared to $220,300 in Lake Camelot, a 1% gap.

Median household income in Berkeley is $83,224 compared to $128,333 in Lake Camelot (-35.1%). Lake Camelot offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.