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Palatine, IL vs Woodstock, IL

109
Palatine
Illinois
VS
+20.4%
90
Woodstock
Illinois

There is a significant gap in the cost of living between these two cities. Woodstock is 20.4% cheaper than Palatine. With a cost index of 90 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Woodstock to Palatine should plan for substantially higher expenses across most categories.

On the housing front, median rent in Palatine is $1,467/month compared to $1,174/month in Woodstock — a 25% difference. Home values follow the same pattern: Woodstock is more affordable at $231,100 median vs $347,900.

Median household income in Palatine is $95,950 compared to $83,293 in Woodstock (+15.2%). The higher salaries in Palatine partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Palatine spend roughly 18.3% of their income on rent, more than the 16.9% in Woodstock.

Income & Cost

Cost of Living Index
Palatine
109
Woodstock
90
17% cheaper
Median Household Income
Palatine
$95,950
13% higher
Woodstock
$83,293

Housing

Median Rent
Palatine
$1,467
Woodstock
$1,174
20% cheaper
Median Home Value
Palatine
$347,900
Woodstock
$231,100
34% cheaper
Population
Palatine
66,548
Woodstock
26,316

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Palatine $3.20
Woodstock $3.20
US $3.07
🥚
Eggs (grade A, large)
Palatine $2.61
Woodstock $2.61
US $2.50
🥛
Milk (whole)
Palatine $4.20
Woodstock $4.20
US $4.03
🍞
Bread (white)
Palatine $1.93
Woodstock $1.93
US $1.85
🍗
Chicken breast
Palatine $4.32
Woodstock $4.32
US $4.14
Electricity
Palatine $0.15
Woodstock $0.15
US $0.19