Forest Park, IL vs Streamwood, IL

Forest Park is moderately more affordable than Streamwood, with a 10.7% lower cost of living index. Forest Park scores 101 compared to 113 for Streamwood, where the US average is 100. This difference means residents of Streamwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Forest Park is $1,352/month compared to $1,849/month in Streamwood — a 27% difference. Interestingly, home values tell a different story: while Forest Park has cheaper rent, Streamwood actually has lower median home values ($258,300 vs $293,800).

Median household income in Forest Park is $81,323 compared to $101,049 in Streamwood (-19.5%). While Streamwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Forest Park spend roughly 20% of their income on rent, less than the 22% in Streamwood.

Climate-wise, both cities share similar average temperatures (52.1°F vs 49.7°F). Forest Park receives more rainfall at 34.4" per year compared to 33.2" in Streamwood.