Bolingbrook, IL vs Lake in the Hills, IL
Bolingbrook, IL and Lake in the Hills, IL have a very similar cost of living, with only a 2.3% difference in their overall index. Bolingbrook scores 112 while Lake in the Hills scores 110 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Bolingbrook is $1,718/month compared to $1,634/month in Lake in the Hills — a 5% difference. Interestingly, home values tell a different story: while Lake in the Hills has cheaper rent, Bolingbrook actually has lower median home values ($295,500 vs $296,400).
Median household income in Bolingbrook is $107,552 compared to $113,491 in Lake in the Hills (-5.2%). Lake in the Hills offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bolingbrook spend roughly 19.2% of their income on rent, more than the 17.3% in Lake in the Hills.
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