Crestwood, IL vs Mundelein, IL
There is a significant gap in the cost of living between these two cities. Crestwood is 15% cheaper than Mundelein. With a cost index of 91 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Crestwood to Mundelein should plan for substantially higher expenses across most categories.
On the housing front, median rent in Crestwood is $1,300/month compared to $1,564/month in Mundelein — a 17% difference. Home values follow the same pattern: Crestwood is more affordable at $187,700 median vs $285,600.
Median household income in Crestwood is $68,686 compared to $107,608 in Mundelein (-36.2%). While Mundelein 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 17.4% in Mundelein.
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