Crestwood, IL vs Lake in the Hills, IL

There is a significant gap in the cost of living between these two cities. Crestwood is 17.4% cheaper than Lake in the Hills. With a cost index of 91 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Crestwood to Lake in the Hills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Crestwood is $1,300/month compared to $1,634/month in Lake in the Hills — a 20% difference. Home values follow the same pattern: Crestwood is more affordable at $187,700 median vs $296,400.

Median household income in Crestwood is $68,686 compared to $113,491 in Lake in the Hills (-39.5%). 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 Crestwood spend roughly 22.7% of their income on rent, more than the 17.3% in Lake in the Hills.