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Berwyn, IL vs Loves Park, IL

95
Berwyn
Illinois
VS
+23.5%
77
Loves Park
Illinois

There is a significant gap in the cost of living between these two cities. Loves Park is 23.5% cheaper than Berwyn. With a cost index of 77 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loves Park to Berwyn should plan for substantially higher expenses across most categories.

On the housing front, median rent in Berwyn is $1,175/month compared to $1,102/month in Loves Park — a 7% difference. Home values follow the same pattern: Loves Park is more affordable at $144,900 median vs $286,000.

Median household income in Berwyn is $75,235 compared to $58,633 in Loves Park (+28.3%). While Berwyn 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, less than the 22.6% in Loves Park.

Income & Cost

Cost of Living Index
Berwyn
95
Loves Park
77
19% cheaper
Median Household Income
Berwyn
$75,235
22% higher
Loves Park
$58,633

Housing

Median Rent
Berwyn
$1,175
Loves Park
$1,102
6% cheaper
Median Home Value
Berwyn
$286,000
Loves Park
$144,900
49% cheaper
Population
Berwyn
55,888
Loves Park
23,185

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Berwyn $3.20
Loves Park $2.85
US $3.07
🥚
Eggs (grade A, large)
Berwyn $2.61
Loves Park $2.33
US $2.50
🥛
Milk (whole)
Berwyn $4.20
Loves Park $3.75
US $4.03
🍞
Bread (white)
Berwyn $1.93
Loves Park $1.72
US $1.85
🍗
Chicken breast
Berwyn $4.32
Loves Park $3.86
US $4.14
Electricity
Berwyn $0.15
Loves Park $0.16
US $0.19