Cicero, IL vs Lake in the Hills, IL
There is a significant gap in the cost of living between these two cities. Cicero is 18.7% cheaper than Lake in the Hills. With a cost index of 89 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cicero to Lake in the Hills should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cicero is $1,121/month compared to $1,634/month in Lake in the Hills — a 31% difference. Home values follow the same pattern: Cicero is more affordable at $236,000 median vs $296,400.
Median household income in Cicero is $68,548 compared to $113,491 in Lake in the Hills (-39.6%). While Lake in the Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cicero spend roughly 19.6% of their income on rent, more than the 17.3% in Lake in the Hills.
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