Midlothian, IL vs Park Ridge, IL
There is a significant gap in the cost of living between these two cities. Midlothian is 29.5% cheaper than Park Ridge. With a cost index of 89 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Midlothian to Park Ridge should plan for substantially higher expenses across most categories.
On the housing front, median rent in Midlothian is $1,202/month compared to $1,511/month in Park Ridge — a 21% difference. Home values follow the same pattern: Midlothian is more affordable at $200,300 median vs $539,300.
Median household income in Midlothian is $67,872 compared to $138,059 in Park Ridge (-50.8%). While Park Ridge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Midlothian spend roughly 21.3% of their income on rent, more than the 13.1% in Park Ridge.
Climate-wise, both cities share similar average temperatures (52.1°F vs 51.3°F). Park Ridge receives more rainfall at 37.9" per year compared to 34.4" in Midlothian.
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)