Brookport, IL vs Lake of the Woods, IL
There is a significant gap in the cost of living between these two cities. Brookport is 28.3% cheaper than Lake of the Woods. With a cost index of 60 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Brookport to Lake of the Woods should plan for substantially higher expenses across most categories.
On the housing front, median rent in Brookport is $838/month compared to $1,201/month in Lake of the Woods — a 30% difference. Home values follow the same pattern: Brookport is more affordable at $60,300 median vs $194,300.
Median household income in Brookport is $40,781 compared to $69,054 in Lake of the Woods (-40.9%). While Lake of the Woods is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Brookport spend roughly 24.7% of their income on rent, more than the 20.9% in Lake of the Woods.
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