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Homer Glen, IL vs Lake Villa, IL

121
Homer Glen
Illinois
VS
+14.5%
106
Lake Villa
Illinois

Lake Villa is moderately more affordable than Homer Glen, with a 14.5% lower cost of living index. Homer Glen scores 121 compared to 106 for Lake Villa, where the US average is 100. This difference means residents of Homer Glen can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Homer Glen is $1,737/month compared to $1,430/month in Lake Villa — a 22% difference. Home values follow the same pattern: Lake Villa is more affordable at $325,900 median vs $400,000.

Median household income in Homer Glen is $128,546 compared to $111,110 in Lake Villa (+15.7%). While Homer Glen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Homer Glen spend roughly 16.2% of their income on rent, more than the 15.4% in Lake Villa.

Climate-wise, Homer Glen is notably warmer with an average of 52.1°F compared to 48.3°F in Lake Villa. Lake Villa receives more rainfall at 35.3" per year compared to 34.4" in Homer Glen.

Income & Cost

Cost of Living Index
Homer Glen
121
Lake Villa
106
13% cheaper
Median Household Income
Homer Glen
$128,546
14% higher
Lake Villa
$111,110

Housing

Median Rent
Homer Glen
$1,737
Lake Villa
$1,430
18% cheaper
Median Home Value
Homer Glen
$400,000
Lake Villa
$325,900
19% cheaper
Population
Homer Glen
24,516
Lake Villa
8,707

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Homer Glen $3.20
Lake Villa $3.20
US $3.07
🥚
Eggs (grade A, large)
Homer Glen $2.61
Lake Villa $2.61
US $2.50
🥛
Milk (whole)
Homer Glen $4.20
Lake Villa $4.20
US $4.03
🍞
Bread (white)
Homer Glen $1.93
Lake Villa $1.93
US $1.85
🍗
Chicken breast
Homer Glen $4.32
Lake Villa $4.32
US $4.14
Electricity
Homer Glen $0.15
Lake Villa $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Homer Glen 52.1°F
Lake Villa 48.3°F
Summer High
Homer Glen 85°F
Lake Villa 81°F
Winter Low
Homer Glen 19°F
Lake Villa 16°F
Rainfall
Homer Glen 34.4"
Lake Villa 35.3"
Rainy Days
Homer Glen 121d
Lake Villa 129d