Calumet Park, IL vs Tremont, IL

Tremont is moderately more affordable than Calumet Park, with a 14.6% lower cost of living index. Calumet Park scores 86 compared to 75 for Tremont, where the US average is 100. This difference means residents of Calumet Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Calumet Park is $1,157/month compared to $900/month in Tremont — a 29% difference. Interestingly, home values tell a different story: while Tremont has cheaper rent, Calumet Park actually has lower median home values ($180,800 vs $200,600).

Median household income in Calumet Park is $57,389 compared to $77,420 in Tremont (-25.9%). Tremont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Calumet Park spend roughly 24.2% of their income on rent, more than the 13.9% in Tremont.