Candlewick Lake, IL vs Morris, IL

Candlewick Lake, IL and Morris, IL have a very similar cost of living, with only a 1.8% difference in their overall index. Candlewick Lake scores 92 while Morris scores 91 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Candlewick Lake is $1,539/month compared to $1,141/month in Morris — a 35% difference. Interestingly, home values tell a different story: while Morris has cheaper rent, Candlewick Lake actually has lower median home values ($169,200 vs $244,400).

Median household income in Candlewick Lake is $94,820 compared to $72,357 in Morris (+31%). While Candlewick Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Candlewick Lake spend roughly 19.5% of their income on rent, more than the 18.9% in Morris.