Downers Grove, IL vs Lemont, IL
Lemont is moderately more affordable than Downers Grove, with a 9.8% lower cost of living index. Downers Grove scores 120 compared to 109 for Lemont, where the US average is 100. This difference means residents of Downers Grove can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Downers Grove is $1,589/month compared to $1,211/month in Lemont — a 31% difference. Interestingly, home values tell a different story: while Lemont has cheaper rent, Downers Grove actually has lower median home values ($439,000 vs $447,800).
Median household income in Downers Grove is $119,649 compared to $126,100 in Lemont (-5.1%). Lemont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Downers Grove spend roughly 15.9% of their income on rent, more than the 11.5% in Lemont.
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