Cornell, IL vs Third Lake, IL

The cost of living difference between Cornell, IL and Third Lake, IL is dramatic. Cornell is 35% cheaper than Third Lake, a gap that translates to thousands of dollars per year in household expenses. Cornell has a cost index of 67 while Third Lake sits at 103, 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 Cornell are $83,800 compared to $329,500 in Third Lake, a 75% gap.

Median household income in Cornell is $64,286 compared to $150,893 in Third Lake (-57.4%). While Third Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.