Chatham, IL vs Romeoville, IL

There is a significant gap in the cost of living between these two cities. Chatham is 24.3% cheaper than Romeoville. With a cost index of 86 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chatham to Romeoville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chatham is $1,157/month compared to $1,892/month in Romeoville — a 39% difference. Home values follow the same pattern: Chatham is more affordable at $231,900 median vs $245,200.

Median household income in Chatham is $106,030 compared to $100,022 in Romeoville (+6%). 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 22.7% in Romeoville.