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Edwardsville, IL vs Palatine, IL

94
Edwardsville
Illinois
VS
-13.6%
109
Palatine
Illinois

Edwardsville is moderately more affordable than Palatine, with a 13.6% lower cost of living index. Edwardsville scores 94 compared to 109 for Palatine, where the US average is 100. This difference means residents of Palatine can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edwardsville is $1,231/month compared to $1,467/month in Palatine — a 16% difference. Home values follow the same pattern: Edwardsville is more affordable at $286,700 median vs $347,900.

Median household income in Edwardsville is $92,671 compared to $95,950 in Palatine (-3.4%). Palatine does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Edwardsville spend roughly 15.9% of their income on rent, less than the 18.3% in Palatine.

Climate-wise, Edwardsville is notably warmer with an average of 56.5°F compared to 50.8°F in Palatine. Edwardsville receives more rainfall at 40.8" per year compared to 32.3" in Palatine.

Income & Cost

Cost of Living Index
Edwardsville
94
14% cheaper
Palatine
109
Median Household Income
Edwardsville
$92,671
Palatine
$95,950
3% higher

Housing

Median Rent
Edwardsville
$1,231
16% cheaper
Palatine
$1,467
Median Home Value
Edwardsville
$286,700
18% cheaper
Palatine
$347,900
Population
Edwardsville
26,543
Palatine
66,548

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Edwardsville $3.03
Palatine $3.20
US $3.07
🥚
Eggs (grade A, large)
Edwardsville $2.47
Palatine $2.61
US $2.50
🥛
Milk (whole)
Edwardsville $3.97
Palatine $4.20
US $4.03
🍞
Bread (white)
Edwardsville $1.83
Palatine $1.93
US $1.85
🍗
Chicken breast
Edwardsville $4.09
Palatine $4.32
US $4.14
Electricity
Edwardsville $0.15
Palatine $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Edwardsville 56.5°F
Palatine 50.8°F
Summer High
Edwardsville 89°F
Palatine 84°F
Winter Low
Edwardsville 24°F
Palatine 18°F
Rainfall
Edwardsville 40.8"
Palatine 32.3"
Rainy Days
Edwardsville 117d
Palatine 112d