Berwyn, IL vs Grayslake, IL

Berwyn is moderately more affordable than Grayslake, with a 8.2% lower cost of living index. Berwyn scores 95 compared to 103 for Grayslake, where the US average is 100. This difference means residents of Grayslake 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 $1,434/month in Grayslake — a 18% difference. Home values follow the same pattern: Berwyn is more affordable at $286,000 median vs $293,900.

Median household income in Berwyn is $75,235 compared to $113,697 in Grayslake (-33.8%). While Grayslake 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 15.1% in Grayslake.