Bloomington, IL vs Lake in the Hills, IL

There is a significant gap in the cost of living between these two cities. Bloomington is 28% cheaper than Lake in the Hills. With a cost index of 79 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bloomington to Lake in the Hills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bloomington is $1,004/month compared to $1,634/month in Lake in the Hills — a 39% difference. Home values follow the same pattern: Bloomington is more affordable at $198,800 median vs $296,400.

Median household income in Bloomington is $75,449 compared to $113,491 in Lake in the Hills (-33.5%). While Lake in the Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomington spend roughly 16% of their income on rent, less than the 17.3% in Lake in the Hills.