Edwardsville, IL vs Schaumburg, IL

There is a significant gap in the cost of living between these two cities. Edwardsville is 18.4% cheaper than Schaumburg. With a cost index of 94 vs 115, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edwardsville to Schaumburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edwardsville is $1,231/month compared to $1,774/month in Schaumburg — a 31% difference. Home values follow the same pattern: Edwardsville is more affordable at $286,700 median vs $312,200.

Median household income in Edwardsville is $92,671 compared to $94,690 in Schaumburg (-2.1%). Schaumburg 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 22.5% in Schaumburg.

Climate-wise, Edwardsville is notably warmer with an average of 56.5°F compared to 51.3°F in Schaumburg. Edwardsville receives more rainfall at 40.8" per year compared to 37.9" in Schaumburg.