Diamond, IL vs Gilberts, IL

There is a significant gap in the cost of living between these two cities. Diamond is 24.2% cheaper than Gilberts. With a cost index of 90 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Diamond to Gilberts should plan for substantially higher expenses across most categories.

On the housing front, median rent in Diamond is $1,224/month compared to $1,852/month in Gilberts — a 34% difference. Home values follow the same pattern: Diamond is more affordable at $211,500 median vs $330,100.

Median household income in Diamond is $60,000 compared to $119,719 in Gilberts (-49.9%). While Gilberts is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Diamond spend roughly 24.5% of their income on rent, more than the 18.6% in Gilberts.