Berwyn, IL vs Libertyville, IL

There is a significant gap in the cost of living between these two cities. Berwyn is 23.1% cheaper than Libertyville. With a cost index of 95 vs 123, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Berwyn to Libertyville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Berwyn is $1,175/month compared to $1,537/month in Libertyville — a 24% difference. Home values follow the same pattern: Berwyn is more affordable at $286,000 median vs $499,300.

Median household income in Berwyn is $75,235 compared to $162,270 in Libertyville (-53.6%). While Libertyville 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 11.4% in Libertyville.