Loves Park, IL vs South Beloit, IL

South Beloit is moderately more affordable than Loves Park, with a 5.6% lower cost of living index. Loves Park scores 77 compared to 73 for South Beloit, where the US average is 100. This difference means residents of Loves 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 $925/month in South Beloit — a 19% difference. Interestingly, home values tell a different story: while South Beloit has cheaper rent, Loves Park actually has lower median home values ($144,900 vs $160,800).

Median household income in Loves Park is $58,633 compared to $81,836 in South Beloit (-28.4%). South Beloit 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, more than the 13.6% in South Beloit.

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