Brooklyn, IL vs Preston Heights, IL

There is a significant gap in the cost of living between these two cities. Brooklyn is 23.3% cheaper than Preston Heights. With a cost index of 65 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Brooklyn to Preston Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Brooklyn is $950/month compared to $1,232/month in Preston Heights — a 23% difference. Home values follow the same pattern: Brooklyn is more affordable at $37,200 median vs $141,400.

Median household income in Brooklyn is $37,656 compared to $51,970 in Preston Heights (-27.5%). While Preston Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Brooklyn spend roughly 30.3% of their income on rent, more than the 28.4% in Preston Heights. The Preston Heights ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.