Bloomington, IL vs Round Lake Beach, IL

There is a significant gap in the cost of living between these two cities. Bloomington is 15.5% cheaper than Round Lake Beach. With a cost index of 79 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bloomington to Round Lake Beach should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bloomington is $1,004/month compared to $1,382/month in Round Lake Beach — a 27% difference. Interestingly, home values tell a different story: while Bloomington has cheaper rent, Round Lake Beach actually has lower median home values ($191,200 vs $198,800).

Median household income in Bloomington is $75,449 compared to $86,632 in Round Lake Beach (-12.9%). The higher salaries in Round Lake Beach partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bloomington spend roughly 16% of their income on rent, less than the 19.1% in Round Lake Beach.