Cherry, IL vs Lily Lake, IL

The cost of living difference between Cherry, IL and Lily Lake, IL is dramatic. Cherry is 38% cheaper than Lily Lake, a gap that translates to thousands of dollars per year in household expenses. Cherry has a cost index of 69 while Lily Lake sits at 111, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cherry is $892/month compared to $1,438/month in Lily Lake — a 38% difference. Home values follow the same pattern: Cherry is more affordable at $96,900 median vs $379,300.

Median household income in Cherry is $47,250 compared to $145,192 in Lily Lake (-67.5%). While Lily Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cherry spend roughly 22.7% of their income on rent, more than the 11.9% in Lily Lake.