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Buffalo, IL vs Third Lake, IL

56
Buffalo
Illinois
VS
-45.4%
103
Third Lake
Illinois

The cost of living difference between Buffalo, IL and Third Lake, IL is dramatic. Buffalo is 45.4% cheaper than Third Lake, a gap that translates to thousands of dollars per year in household expenses. Buffalo has a cost index of 56 while Third Lake sits at 103, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Buffalo are $122,400 compared to $329,500 in Third Lake, a 63% gap.

Median household income in Buffalo is $67,321 compared to $150,893 in Third Lake (-55.4%). While Third Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Buffalo
56
45% cheaper
Third Lake
103
Median Household Income
Buffalo
$67,321
Third Lake
$150,893
55% higher

Housing

Median Rent
Buffalo
$475
Third Lake
Median Home Value
Buffalo
$122,400
63% cheaper
Third Lake
$329,500
Population
Buffalo
405
Third Lake
1,203

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Buffalo $2.85
Third Lake $3.20
US $3.07
🥚
Eggs (grade A, large)
Buffalo $2.33
Third Lake $2.61
US $2.50
🥛
Milk (whole)
Buffalo $3.75
Third Lake $4.20
US $4.03
🍞
Bread (white)
Buffalo $1.72
Third Lake $1.93
US $1.85
🍗
Chicken breast
Buffalo $3.86
Third Lake $4.32
US $4.14
Electricity
Buffalo $0.17
Third Lake $0.15
US $0.19