Elmwood Park, IL vs Tinley Park, IL
Elmwood Park, IL and Tinley Park, IL have a very similar cost of living, with only a 3.6% difference in their overall index. Elmwood Park scores 102 while Tinley Park scores 106 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 Elmwood Park is $1,295/month compared to $1,518/month in Tinley Park — a 15% difference. Interestingly, home values tell a different story: while Elmwood Park has cheaper rent, Tinley Park actually has lower median home values ($289,000 vs $325,000).
Median household income in Elmwood Park is $84,121 compared to $103,819 in Tinley Park (-19%). While Tinley Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elmwood Park spend roughly 18.5% of their income on rent, more than the 17.5% in Tinley Park.
Climate-wise, both cities share similar average temperatures (51.3°F vs 52.1°F). Elmwood Park receives more rainfall at 37.9" per year compared to 34.4" in Tinley Park.
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