Berwyn, IL vs Elmwood Park, IL

Berwyn is moderately more affordable than Elmwood Park, with a 6.7% lower cost of living index. Berwyn scores 95 compared to 102 for Elmwood Park, where the US average is 100. This difference means residents of Elmwood Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Berwyn is $1,175/month compared to $1,295/month in Elmwood Park — a 9% difference. Home values follow the same pattern: Berwyn is more affordable at $286,000 median vs $325,000.

Median household income in Berwyn is $75,235 compared to $84,121 in Elmwood Park (-10.6%). While Elmwood Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Berwyn spend roughly 18.7% of their income on rent, more than the 18.5% in Elmwood Park.