Island Lake, IL vs Lisle, IL

Island Lake, IL and Lisle, IL have a very similar cost of living, with only a 3.4% difference in their overall index. Island Lake scores 112 while Lisle scores 116 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 Island Lake is $1,855/month compared to $1,540/month in Lisle — a 21% difference. Interestingly, home values tell a different story: while Lisle has cheaper rent, Island Lake actually has lower median home values ($241,900 vs $407,000).

Median household income in Island Lake is $98,125 compared to $106,173 in Lisle (-7.6%). While Lisle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Island Lake spend roughly 22.7% of their income on rent, more than the 17.4% in Lisle.

Climate-wise, both cities share similar average temperatures (50.8°F vs 49.7°F). Lisle receives more rainfall at 33.2" per year compared to 32.3" in Island Lake.