Burr Ridge, IL vs Highland Park, IL
There is a significant gap in the cost of living between these two cities. Highland Park is 29.2% cheaper than Burr Ridge. With a cost index of 142 vs 184, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Highland Park to Burr Ridge should plan for substantially higher expenses across most categories.
On the housing front, median rent in Burr Ridge is $3,000/month compared to $1,903/month in Highland Park — a 58% difference. Home values follow the same pattern: Highland Park is more affordable at $594,400 median vs $694,800.
Median household income in Burr Ridge is $154,508 compared to $161,875 in Highland Park (-4.6%). Highland Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Burr Ridge spend roughly 23.3% of their income on rent, more than the 14.1% in Highland Park.
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