Island Lake, IL vs Roselle, IL

Island Lake, IL and Roselle, IL have a very similar cost of living, with only a 4.3% difference in their overall index. Island Lake scores 112 while Roselle scores 107 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 $1,496/month in Roselle — a 24% difference. Interestingly, home values tell a different story: while Roselle has cheaper rent, Island Lake actually has lower median home values ($241,900 vs $318,000).

Median household income in Island Lake is $98,125 compared to $109,118 in Roselle (-10.1%). Roselle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Island Lake spend roughly 22.7% of their income on rent, more than the 16.5% in Roselle.

Climate-wise, both cities share similar average temperatures (50.8°F vs 51.3°F). Roselle receives more rainfall at 37.9" per year compared to 32.3" in Island Lake.