Frankfort Square, IL vs Lake in the Hills, IL

Frankfort Square, IL and Lake in the Hills, IL have a very similar cost of living, with only a 4.5% difference in their overall index. Frankfort Square scores 105 while Lake in the Hills scores 110 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 Frankfort Square is $1,511/month compared to $1,634/month in Lake in the Hills — a 8% difference. Home values follow the same pattern: Frankfort Square is more affordable at $282,100 median vs $296,400.

Median household income in Frankfort Square is $126,953 compared to $113,491 in Lake in the Hills (+11.9%). Frankfort Square offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Frankfort Square spend roughly 14.3% of their income on rent, less than the 17.3% in Lake in the Hills.

Climate-wise, both cities share similar average temperatures (52.1°F vs 49.7°F). Frankfort Square receives more rainfall at 34.4" per year compared to 33.2" in Lake in the Hills.