Chatham, IL vs Lombard, IL

There is a significant gap in the cost of living between these two cities. Chatham is 27.2% cheaper than Lombard. With a cost index of 86 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chatham to Lombard should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chatham is $1,157/month compared to $1,834/month in Lombard — a 37% difference. Home values follow the same pattern: Chatham is more affordable at $231,900 median vs $321,200.

Median household income in Chatham is $106,030 compared to $97,253 in Lombard (+9%). Chatham offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chatham spend roughly 13.1% of their income on rent, less than the 22.6% in Lombard.