Maywood, IL vs Palatine, IL
There is a significant gap in the cost of living between these two cities. Maywood is 17.5% cheaper than Palatine. With a cost index of 90 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Maywood to Palatine should plan for substantially higher expenses across most categories.
On the housing front, median rent in Maywood is $1,203/month compared to $1,467/month in Palatine — a 18% difference. Home values follow the same pattern: Maywood is more affordable at $212,600 median vs $347,900.
Median household income in Maywood is $66,498 compared to $95,950 in Palatine (-30.7%). While Palatine is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Maywood spend roughly 21.7% of their income on rent, more than the 18.3% in Palatine.
Climate-wise, both cities share similar average temperatures (52.1°F vs 50.8°F). Maywood receives more rainfall at 34.4" per year compared to 32.3" in Palatine.
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Climate
NOAA 30-year normals (1991-2020)