Libertyville, IL vs Tinley Park, IL

There is a significant gap in the cost of living between these two cities. Tinley Park is 16.9% cheaper than Libertyville. With a cost index of 106 vs 123, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tinley Park to Libertyville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Libertyville is $1,537/month compared to $1,518/month in Tinley Park — a 1% difference. Home values follow the same pattern: Tinley Park is more affordable at $289,000 median vs $499,300.

Median household income in Libertyville is $162,270 compared to $103,819 in Tinley Park (+56.3%). While Libertyville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Libertyville spend roughly 11.4% of their income on rent, less than the 17.5% in Tinley Park.

Climate-wise, Tinley Park is notably warmer with an average of 52.1°F compared to 48.3°F in Libertyville. Libertyville receives more rainfall at 35.3" per year compared to 34.4" in Tinley Park.