East Dundee, IL vs Lake Catherine, IL
East Dundee, IL and Lake Catherine, IL have a very similar cost of living, with only a 3.7% difference in their overall index. East Dundee scores 90 while Lake Catherine scores 93 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 East Dundee is $1,074/month compared to $1,250/month in Lake Catherine — a 14% difference. Interestingly, home values tell a different story: while East Dundee has cheaper rent, Lake Catherine actually has lower median home values ($237,100 vs $260,000).
Median household income in East Dundee is $87,102 compared to $94,821 in Lake Catherine (-8.1%). While Lake Catherine is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of East Dundee spend roughly 14.8% of their income on rent, less than the 15.8% in Lake Catherine.
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