Cedarville, IL vs Lake Ka-Ho, IL
Cedarville, IL and Lake Ka-Ho, IL have a very similar cost of living, with only a 4.7% difference in their overall index. Cedarville scores 59 while Lake Ka-Ho scores 57 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 Cedarville is $544/month compared to $613/month in Lake Ka-Ho — a 11% difference. Interestingly, home values tell a different story: while Cedarville has cheaper rent, Lake Ka-Ho actually has lower median home values ($57,200 vs $110,600).
Median household income in Cedarville is $59,712 compared to $43,750 in Lake Ka-Ho (+36.5%). While Cedarville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedarville spend roughly 10.9% of their income on rent, less than the 16.8% in Lake Ka-Ho.
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