Dixmoor, IL vs Lake Villa, IL
There is a significant gap in the cost of living between these two cities. Dixmoor is 25.2% cheaper than Lake Villa. With a cost index of 79 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dixmoor to Lake Villa should plan for substantially higher expenses across most categories.
On the housing front, median rent in Dixmoor is $1,227/month compared to $1,430/month in Lake Villa — a 14% difference. Home values follow the same pattern: Dixmoor is more affordable at $75,500 median vs $325,900.
Median household income in Dixmoor is $39,861 compared to $111,110 in Lake Villa (-64.1%). While Lake Villa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dixmoor spend roughly 36.9% of their income on rent, more than the 15.4% in Lake Villa. The Lake Villa ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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