Hazel Crest, IL vs Park Ridge, IL
There is a significant gap in the cost of living between these two cities. Hazel Crest is 25% cheaper than Park Ridge. With a cost index of 94 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hazel Crest to Park Ridge should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hazel Crest is $1,439/month compared to $1,511/month in Park Ridge — a 5% difference. Home values follow the same pattern: Hazel Crest is more affordable at $181,400 median vs $539,300.
Median household income in Hazel Crest is $62,773 compared to $138,059 in Park Ridge (-54.5%). While Park Ridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hazel Crest spend roughly 27.5% of their income on rent, more than the 13.1% in Park Ridge.
Climate-wise, both cities share similar average temperatures (52.1°F vs 51.3°F). Park Ridge receives more rainfall at 37.9" per year compared to 34.4" in Hazel Crest.
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