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Channel Lake, IL vs Mettawa, IL

99
Channel Lake
Illinois
VS
-27.6%
137
Mettawa
Illinois

There is a significant gap in the cost of living between these two cities. Channel Lake is 27.6% cheaper than Mettawa. With a cost index of 99 vs 137, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Channel Lake to Mettawa should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Channel Lake are $210,400 compared to $750,000 in Mettawa, a 72% gap.

Median household income in Channel Lake is $63,958 compared to $175,074 in Mettawa (-63.5%). While Mettawa 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
Channel Lake
99
28% cheaper
Mettawa
137
Median Household Income
Channel Lake
$63,958
Mettawa
$175,074
63% higher

Housing

Median Rent
Channel Lake
$1,526
Mettawa
Median Home Value
Channel Lake
$210,400
72% cheaper
Mettawa
$750,000
Population
Channel Lake
1,988
Mettawa
665

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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