Ingalls Park, IL vs Lake Villa, IL
There is a significant gap in the cost of living between these two cities. Ingalls Park is 17.2% cheaper than Lake Villa. With a cost index of 88 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ingalls Park to Lake Villa should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ingalls Park is $1,321/month compared to $1,430/month in Lake Villa — a 8% difference. Home values follow the same pattern: Ingalls Park is more affordable at $143,800 median vs $325,900.
Median household income in Ingalls Park is $55,268 compared to $111,110 in Lake Villa (-50.3%). While Lake Villa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ingalls Park spend roughly 28.7% of their income on rent, more than the 15.4% in Lake Villa.
Climate-wise, Ingalls Park 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 Ingalls Park.
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