New Lenox, IL vs Schaumburg, IL

New Lenox is moderately more affordable than Schaumburg, with a 9.3% lower cost of living index. New Lenox scores 105 compared to 115 for Schaumburg, where the US average is 100. This difference means residents of Schaumburg can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Lenox is $1,244/month compared to $1,774/month in Schaumburg — a 30% difference. Interestingly, home values tell a different story: while New Lenox has cheaper rent, Schaumburg actually has lower median home values ($312,200 vs $377,500).

Median household income in New Lenox is $133,071 compared to $94,690 in Schaumburg (+40.5%). New Lenox offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Lenox spend roughly 11.2% of their income on rent, less than the 22.5% in Schaumburg.

Climate-wise, both cities share similar average temperatures (52.1°F vs 51.3°F). Schaumburg receives more rainfall at 37.9" per year compared to 34.4" in New Lenox.