Hazel Crest, IL vs Olympia Fields, IL

The cost of living difference between Hazel Crest, IL and Olympia Fields, IL is dramatic. Hazel Crest is 43.1% cheaper than Olympia Fields, a gap that translates to thousands of dollars per year in household expenses. Hazel Crest has a cost index of 94 while Olympia Fields sits at 166, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hazel Crest is $1,439/month compared to $3,501/month in Olympia Fields — a 59% difference. Home values follow the same pattern: Hazel Crest is more affordable at $181,400 median vs $289,900.

Median household income in Hazel Crest is $62,773 compared to $107,656 in Olympia Fields (-41.7%). The higher salaries in Olympia Fields partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hazel Crest spend roughly 27.5% of their income on rent, less than the 39% in Olympia Fields. The Hazel Crest ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (52.1°F vs 52.1°F). Olympia Fields receives more rainfall at 34.4" per year compared to 34.4" in Hazel Crest.