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Colona, IL vs Forest Lake, IL

70
Colona
Illinois
VS
-31%
102
Forest Lake
Illinois

The cost of living difference between Colona, IL and Forest Lake, IL is dramatic. Colona is 31% cheaper than Forest Lake, a gap that translates to thousands of dollars per year in household expenses. Colona has a cost index of 70 while Forest Lake sits at 102, 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.

When it comes to buying, median home values in Colona are $152,100 compared to $318,300 in Forest Lake, a 52% gap.

Median household income in Colona is $76,558 compared to $92,956 in Forest Lake (-17.6%). The higher salaries in Forest Lake partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Colona
70
31% cheaper
Forest Lake
102
Median Household Income
Colona
$76,558
Forest Lake
$92,956
18% higher

Housing

Median Rent
Colona
$881
Forest Lake
Median Home Value
Colona
$152,100
52% cheaper
Forest Lake
$318,300
Population
Colona
5,189
Forest Lake
1,797

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Colona $2.95
Forest Lake $3.20
US $3.07
🥚
Eggs (grade A, large)
Colona $2.41
Forest Lake $2.61
US $2.50
🥛
Milk (whole)
Colona $3.88
Forest Lake $4.20
US $4.03
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Bread (white)
Colona $1.78
Forest Lake $1.93
US $1.85
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Chicken breast
Colona $3.99
Forest Lake $4.32
US $4.14
Electricity
Colona $0.18
Forest Lake $0.15
US $0.19