Gurnee, IL vs Schaumburg, IL

Gurnee, IL and Schaumburg, IL have a very similar cost of living, with only a 3.4% difference in their overall index. Gurnee scores 111 while Schaumburg scores 115 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 Gurnee is $1,594/month compared to $1,774/month in Schaumburg — a 10% difference. Interestingly, home values tell a different story: while Gurnee has cheaper rent, Schaumburg actually has lower median home values ($312,200 vs $331,100).

Median household income in Gurnee is $121,410 compared to $94,690 in Schaumburg (+28.2%). Gurnee offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gurnee spend roughly 15.8% of their income on rent, less than the 22.5% in Schaumburg.

Climate-wise, Schaumburg is notably warmer with an average of 51.3°F compared to 48.3°F in Gurnee. Schaumburg receives more rainfall at 37.9" per year compared to 35.3" in Gurnee.