Crestwood, IL vs North Chicago, IL
Crestwood, IL and North Chicago, IL have a very similar cost of living, with only a 0.5% difference in their overall index. Crestwood scores 91 while North Chicago scores 90 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Crestwood is $1,300/month compared to $1,392/month in North Chicago — a 7% difference. Interestingly, home values tell a different story: while Crestwood has cheaper rent, North Chicago actually has lower median home values ($147,800 vs $187,700).
Median household income in Crestwood is $68,686 compared to $56,815 in North Chicago (+20.9%). While Crestwood 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, less than the 29.4% in North Chicago.
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