Loves Park, IL vs Round Lake Park, IL

Loves Park is moderately more affordable than Round Lake Park, with a 13.5% lower cost of living index. Loves Park scores 77 compared to 89 for Round Lake Park, where the US average is 100. This difference means residents of Round Lake Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Loves Park is $1,102/month compared to $1,320/month in Round Lake Park — a 17% difference. Home values follow the same pattern: Loves Park is more affordable at $144,900 median vs $157,900.

Median household income in Loves Park is $58,633 compared to $57,486 in Round Lake Park (+2%). Loves Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Loves Park spend roughly 22.6% of their income on rent, less than the 27.6% in Round Lake Park.

Climate-wise, both cities share similar average temperatures (49.4°F vs 48.3°F). Loves Park receives more rainfall at 37.2" per year compared to 35.3" in Round Lake Park.