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Channel Lake, IL vs Spring Grove, IL

99
Channel Lake
Illinois
VS
-6.5%
106
Spring Grove
Illinois

Channel Lake is moderately more affordable than Spring Grove, with a 6.5% lower cost of living index. Channel Lake scores 99 compared to 106 for Spring Grove, where the US average is 100. This difference means residents of Spring Grove can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Channel Lake are $210,400 compared to $371,200 in Spring Grove, a 43% gap.

Median household income in Channel Lake is $63,958 compared to $133,224 in Spring Grove (-52%). While Spring Grove 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
6% cheaper
Spring Grove
106
Median Household Income
Channel Lake
$63,958
Spring Grove
$133,224
52% higher

Housing

Median Rent
Channel Lake
$1,526
Spring Grove
Median Home Value
Channel Lake
$210,400
43% cheaper
Spring Grove
$371,200
Population
Channel Lake
1,988
Spring Grove
5,866

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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