Lake of the Woods, IL vs Taylor Springs, IL

The cost of living difference between Lake of the Woods, IL and Taylor Springs, IL is dramatic. Taylor Springs is 33.9% cheaper than Lake of the Woods, a gap that translates to thousands of dollars per year in household expenses. Lake of the Woods has a cost index of 84 while Taylor Springs sits at 63, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lake of the Woods is $1,201/month compared to $781/month in Taylor Springs — a 54% difference. Home values follow the same pattern: Taylor Springs is more affordable at $67,100 median vs $194,300.

Median household income in Lake of the Woods is $69,054 compared to $45,323 in Taylor Springs (+52.4%). While Lake of the Woods is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake of the Woods spend roughly 20.9% of their income on rent, more than the 20.7% in Taylor Springs.

Climate-wise, Taylor Springs is notably warmer with an average of 57.7°F compared to 51.1°F in Lake of the Woods. Taylor Springs receives more rainfall at 43.4" per year compared to 39.6" in Lake of the Woods.