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Carpentersville, IL vs Lincoln, IL

97
Carpentersville
Illinois
VS
+45.1%
67
Lincoln
Illinois

The cost of living difference between Carpentersville, IL and Lincoln, IL is dramatic. Lincoln is 45.1% cheaper than Carpentersville, a gap that translates to thousands of dollars per year in household expenses. Carpentersville has a cost index of 97 while Lincoln sits at 67, 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.

On the housing front, median rent in Carpentersville is $1,420/month compared to $804/month in Lincoln — a 77% difference. Home values follow the same pattern: Lincoln is more affordable at $111,600 median vs $225,200.

Median household income in Carpentersville is $86,327 compared to $54,390 in Lincoln (+58.7%). While Carpentersville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carpentersville spend roughly 19.7% of their income on rent, more than the 17.7% in Lincoln.

Income & Cost

Cost of Living Index
Carpentersville
97
Lincoln
67
31% cheaper
Median Household Income
Carpentersville
$86,327
37% higher
Lincoln
$54,390

Housing

Median Rent
Carpentersville
$1,420
Lincoln
$804
43% cheaper
Median Home Value
Carpentersville
$225,200
Lincoln
$111,600
50% cheaper
Population
Carpentersville
37,544
Lincoln
13,406

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Carpentersville $3.20
Lincoln
US $3.07
🥚
Eggs (grade A, large)
Carpentersville $2.61
Lincoln
US $2.50
🥛
Milk (whole)
Carpentersville $4.20
Lincoln
US $4.03
🍞
Bread (white)
Carpentersville $1.93
Lincoln
US $1.85
🍗
Chicken breast
Carpentersville $4.32
Lincoln
US $4.14
Electricity
Carpentersville $0.15
Lincoln
US $0.19