Ingalls Park, IL vs Savoy, IL
Ingalls Park, IL and Savoy, IL have a very similar cost of living, with only a 4.8% difference in their overall index. Ingalls Park scores 88 while Savoy scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Ingalls Park is $1,321/month compared to $954/month in Savoy — a 39% difference. Interestingly, home values tell a different story: while Savoy has cheaper rent, Ingalls Park actually has lower median home values ($143,800 vs $280,700).
Median household income in Ingalls Park is $55,268 compared to $88,828 in Savoy (-37.8%). Savoy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ingalls Park spend roughly 28.7% of their income on rent, more than the 12.9% in Savoy.
Climate-wise, both cities share similar average temperatures (52.1°F vs 52.5°F). Savoy receives more rainfall at 37" per year compared to 34.4" in Ingalls Park.
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