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Carbon Cliff, IL vs Lake Carroll, IL

71
Carbon Cliff
Illinois
VS
-28.9%
100
Lake Carroll
Illinois

There is a significant gap in the cost of living between these two cities. Carbon Cliff is 28.9% cheaper than Lake Carroll. With a cost index of 71 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carbon Cliff to Lake Carroll should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Carbon Cliff are $124,600 compared to $317,900 in Lake Carroll, a 61% gap.

Median household income in Carbon Cliff is $55,000 compared to $101,250 in Lake Carroll (-45.7%). While Lake Carroll 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
Carbon Cliff
71
29% cheaper
Lake Carroll
100
Median Household Income
Carbon Cliff
$55,000
Lake Carroll
$101,250
46% higher

Housing

Median Rent
Carbon Cliff
$972
Lake Carroll
Median Home Value
Carbon Cliff
$124,600
61% cheaper
Lake Carroll
$317,900
Population
Carbon Cliff
2,248
Lake Carroll
763

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Carbon Cliff $2.95
Lake Carroll
US $3.07
🥚
Eggs (grade A, large)
Carbon Cliff $2.41
Lake Carroll
US $2.50
🥛
Milk (whole)
Carbon Cliff $3.88
Lake Carroll
US $4.03
🍞
Bread (white)
Carbon Cliff $1.78
Lake Carroll
US $1.85
🍗
Chicken breast
Carbon Cliff $3.99
Lake Carroll
US $4.14
Electricity
Carbon Cliff $0.18
Lake Carroll
US $0.19