Frankfort Square, IL vs New Lenox, IL

Frankfort Square, IL and New Lenox, IL have a very similar cost of living, with only a 0.3% difference in their overall index. Frankfort Square scores 105 while New Lenox scores 105 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 $1,244/month in New Lenox — a 22% difference. Interestingly, home values tell a different story: while New Lenox has cheaper rent, Frankfort Square actually has lower median home values ($282,100 vs $377,500).

Median household income in Frankfort Square is $126,953 compared to $133,071 in New Lenox (-4.6%). New Lenox 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, more than the 11.2% in New Lenox.

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