Elkville, IL vs Preston Heights, IL

There is a significant gap in the cost of living between these two cities. Elkville is 27.2% cheaper than Preston Heights. With a cost index of 62 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elkville to Preston Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkville is $729/month compared to $1,232/month in Preston Heights — a 41% difference. Home values follow the same pattern: Elkville is more affordable at $74,000 median vs $141,400.

Median household income in Elkville is $46,600 compared to $51,970 in Preston Heights (-10.3%). Preston Heights 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 Elkville spend roughly 18.8% of their income on rent, less than the 28.4% in Preston Heights.

Climate-wise, Elkville is notably warmer with an average of 56.4°F compared to 52.1°F in Preston Heights. Elkville receives more rainfall at 44" per year compared to 34.4" in Preston Heights.