Dixmoor, IL vs Savoy, IL

Dixmoor is moderately more affordable than Savoy, with a 5.3% lower cost of living index. Dixmoor scores 79 compared to 84 for Savoy, where the US average is 100. This difference means residents of Savoy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dixmoor is $1,227/month compared to $954/month in Savoy — a 29% difference. Interestingly, home values tell a different story: while Savoy has cheaper rent, Dixmoor actually has lower median home values ($75,500 vs $280,700).

Median household income in Dixmoor is $39,861 compared to $88,828 in Savoy (-55.1%). While Savoy 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 12.9% in Savoy. The Savoy ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.