Marengo, IL vs Oakwood Hills, IL

There is a significant gap in the cost of living between these two cities. Marengo is 21.5% cheaper than Oakwood Hills. With a cost index of 85 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Marengo to Oakwood Hills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Marengo is $1,077/month compared to $1,667/month in Oakwood Hills — a 35% difference. Home values follow the same pattern: Marengo is more affordable at $206,100 median vs $273,200.

Median household income in Marengo is $72,586 compared to $113,125 in Oakwood Hills (-35.8%). While Oakwood Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Marengo spend roughly 17.8% of their income on rent, more than the 17.7% in Oakwood Hills.

Climate-wise, both cities share similar average temperatures (49.4°F vs 50.8°F). Marengo receives more rainfall at 37.2" per year compared to 32.3" in Oakwood Hills.