Itasca, IL vs Long Lake, IL
There is a significant gap in the cost of living between these two cities. Long Lake is 23.8% cheaper than Itasca. With a cost index of 97 vs 121, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Long Lake to Itasca should plan for substantially higher expenses across most categories.
On the housing front, median rent in Itasca is $1,779/month compared to $1,529/month in Long Lake — a 16% difference. Home values follow the same pattern: Long Lake is more affordable at $185,400 median vs $375,600.
Median household income in Itasca is $111,898 compared to $100,824 in Long Lake (+11%). Itasca does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Itasca spend roughly 19.1% of their income on rent, more than the 18.2% in Long Lake.
Climate-wise, Itasca is notably warmer with an average of 51.3°F compared to 48.3°F in Long Lake. Itasca receives more rainfall at 37.9" per year compared to 35.3" in Long Lake.
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