Melrose Park, IL vs Wheaton, IL
There is a significant gap in the cost of living between these two cities. Melrose Park is 25% cheaper than Wheaton. With a cost index of 94 vs 125, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Melrose Park to Wheaton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Melrose Park is $1,194/month compared to $1,731/month in Wheaton — a 31% difference. Home values follow the same pattern: Melrose Park is more affordable at $265,000 median vs $447,700.
Median household income in Melrose Park is $64,740 compared to $119,566 in Wheaton (-45.9%). While Wheaton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Melrose Park spend roughly 22.1% of their income on rent, more than the 17.4% in Wheaton.
Climate-wise, both cities share similar average temperatures (51.3°F vs 49.7°F). Melrose Park receives more rainfall at 37.9" per year compared to 33.2" in Wheaton.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)