Crestwood, IL vs Niles, IL

Crestwood is moderately more affordable than Niles, with a 11.5% lower cost of living index. Crestwood scores 91 compared to 102 for Niles, where the US average is 100. This difference means residents of Niles can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Crestwood is $1,300/month compared to $1,247/month in Niles — a 4% difference. Interestingly, home values tell a different story: while Niles has cheaper rent, Crestwood actually has lower median home values ($187,700 vs $350,900).

Median household income in Crestwood is $68,686 compared to $78,563 in Niles (-12.6%). While Niles 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 19% in Niles.