Berwyn, IL vs Montgomery, IL

There is a significant gap in the cost of living between these two cities. Berwyn is 17.9% cheaper than Montgomery. With a cost index of 95 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Berwyn to Montgomery should plan for substantially higher expenses across most categories.

On the housing front, median rent in Berwyn is $1,175/month compared to $1,897/month in Montgomery — a 38% difference. Interestingly, home values tell a different story: while Berwyn has cheaper rent, Montgomery actually has lower median home values ($270,700 vs $286,000).

Median household income in Berwyn is $75,235 compared to $96,985 in Montgomery (-22.4%). While Montgomery 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 23.5% in Montgomery.