Maywood, IL vs Round Lake Park, IL

Maywood, IL and Round Lake Park, IL have a very similar cost of living, with only a 1.1% difference in their overall index. Maywood scores 90 while Round Lake Park scores 89 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Maywood is $1,203/month compared to $1,320/month in Round Lake Park — a 9% difference. Interestingly, home values tell a different story: while Maywood has cheaper rent, Round Lake Park actually has lower median home values ($157,900 vs $212,600).

Median household income in Maywood is $66,498 compared to $57,486 in Round Lake Park (+15.7%). While Maywood 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, less than the 27.6% in Round Lake Park.

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