East Peoria, IL vs Round Lake Park, IL

There is a significant gap in the cost of living between these two cities. East Peoria is 19.7% cheaper than Round Lake Park. With a cost index of 71 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from East Peoria to Round Lake Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in East Peoria is $894/month compared to $1,320/month in Round Lake Park — a 32% difference. Interestingly, home values tell a different story: while East Peoria has cheaper rent, Round Lake Park actually has lower median home values ($157,900 vs $160,800).

Median household income in East Peoria is $71,763 compared to $57,486 in Round Lake Park (+24.8%). East Peoria offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of East Peoria spend roughly 14.9% of their income on rent, less than the 27.6% in Round Lake Park.

Climate-wise, East Peoria is notably warmer with an average of 52.7°F compared to 48.3°F in Round Lake Park. East Peoria receives more rainfall at 37.6" per year compared to 35.3" in Round Lake Park.