Fox Lake, WI vs Park Ridge, WI

Fox Lake, WI and Park Ridge, WI have a very similar cost of living, with only a 0.1% difference in their overall index. Fox Lake scores 80 while Park Ridge scores 80 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 Fox Lake is $1,102/month compared to $850/month in Park Ridge — a 30% difference. Interestingly, home values tell a different story: while Park Ridge has cheaper rent, Fox Lake actually has lower median home values ($171,300 vs $265,200).

Median household income in Fox Lake is $78,409 compared to $82,083 in Park Ridge (-4.5%). While Park Ridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fox Lake spend roughly 16.9% of their income on rent, more than the 12.4% in Park Ridge.