Champaign, IL vs Streamwood, IL

There is a significant gap in the cost of living between these two cities. Champaign is 27.9% cheaper than Streamwood. With a cost index of 82 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Champaign to Streamwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Champaign is $1,103/month compared to $1,849/month in Streamwood — a 40% difference. Home values follow the same pattern: Champaign is more affordable at $199,700 median vs $258,300.

Median household income in Champaign is $57,544 compared to $101,049 in Streamwood (-43.1%). While Streamwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Champaign spend roughly 23% of their income on rent, more than the 22% in Streamwood.