Berwyn, IL vs Lake Zurich, IL

There is a significant gap in the cost of living between these two cities. Berwyn is 23.6% cheaper than Lake Zurich. With a cost index of 95 vs 124, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Berwyn to Lake Zurich should plan for substantially higher expenses across most categories.

On the housing front, median rent in Berwyn is $1,175/month compared to $1,782/month in Lake Zurich — a 34% difference. Home values follow the same pattern: Berwyn is more affordable at $286,000 median vs $418,300.

Median household income in Berwyn is $75,235 compared to $139,959 in Lake Zurich (-46.2%). While Lake Zurich 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 15.3% in Lake Zurich.