Maywood, IL vs South Beloit, IL
There is a significant gap in the cost of living between these two cities. South Beloit is 23.3% cheaper than Maywood. With a cost index of 73 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from South Beloit to Maywood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Maywood is $1,203/month compared to $925/month in South Beloit — a 30% difference. Home values follow the same pattern: South Beloit is more affordable at $160,800 median vs $212,600.
Median household income in Maywood is $66,498 compared to $81,836 in South Beloit (-18.7%). 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 Maywood spend roughly 21.7% of their income on rent, more than the 13.6% in South Beloit.
Climate-wise, both cities share similar average temperatures (52.1°F vs 49.4°F). South Beloit receives more rainfall at 37.2" per year compared to 34.4" in Maywood.
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