Harvard, IL vs Round Lake Beach, IL

Harvard is moderately more affordable than Round Lake Beach, with a 7.9% lower cost of living index. Harvard scores 86 compared to 93 for Round Lake Beach, where the US average is 100. This difference means residents of Round Lake Beach can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Harvard is $1,184/month compared to $1,382/month in Round Lake Beach — a 14% difference. Home values follow the same pattern: Harvard is more affordable at $174,000 median vs $191,200.

Median household income in Harvard is $71,418 compared to $86,632 in Round Lake Beach (-17.6%). While Round Lake Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Harvard spend roughly 19.9% of their income on rent, more than the 19.1% in Round Lake Beach.

Climate-wise, both cities share similar average temperatures (49.4°F vs 48.3°F). Harvard receives more rainfall at 37.2" per year compared to 35.3" in Round Lake Beach.