Northlake, IL vs West Peoria, IL
There is a significant gap in the cost of living between these two cities. West Peoria is 22.3% cheaper than Northlake. With a cost index of 74 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from West Peoria to Northlake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Northlake is $1,164/month compared to $1,180/month in West Peoria — a 1% difference. Interestingly, home values tell a different story: while Northlake has cheaper rent, West Peoria actually has lower median home values ($92,500 vs $242,400).
Median household income in Northlake is $77,564 compared to $57,450 in West Peoria (+35%). While Northlake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Northlake spend roughly 18% of their income on rent, less than the 24.6% in West Peoria.
Climate-wise, both cities share similar average temperatures (51.3°F vs 52.7°F). Northlake receives more rainfall at 37.9" per year compared to 37.6" in West Peoria.
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Climate
NOAA 30-year normals (1991-2020)