Edwardsville, IL vs Harwood Heights, IL
Edwardsville, IL and Harwood Heights, IL have a very similar cost of living, with only a 3.2% difference in their overall index. Edwardsville scores 94 while Harwood Heights scores 97 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 Edwardsville is $1,231/month compared to $1,166/month in Harwood Heights — a 6% difference. Interestingly, home values tell a different story: while Harwood Heights has cheaper rent, Edwardsville actually has lower median home values ($286,700 vs $316,400).
Median household income in Edwardsville is $92,671 compared to $79,651 in Harwood Heights (+16.3%). Edwardsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edwardsville spend roughly 15.9% of their income on rent, less than the 17.6% in Harwood Heights.
Climate-wise, Edwardsville is notably warmer with an average of 56.5°F compared to 51.3°F in Harwood Heights. Edwardsville receives more rainfall at 40.8" per year compared to 37.9" in Harwood Heights.
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