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Palos Park, IL vs Wauconda, IL

114
Palos Park
Illinois
VS
+17.4%
97
Wauconda
Illinois

There is a significant gap in the cost of living between these two cities. Wauconda is 17.4% cheaper than Palos Park. With a cost index of 97 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wauconda to Palos Park should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Palos Park are $469,900 compared to $268,300 in Wauconda, a 75% gap.

Median household income in Palos Park is $126,263 compared to $112,438 in Wauconda (+12.3%). The higher salaries in Palos Park partially offset the cost difference, but don't fully close the gap.

Climate-wise, both cities share similar average temperatures (52.1°F vs 50.8°F). Palos Park receives more rainfall at 34.4" per year compared to 32.3" in Wauconda.

Income & Cost

Cost of Living Index
Palos Park
114
Wauconda
97
15% cheaper
Median Household Income
Palos Park
$126,263
11% higher
Wauconda
$112,438

Housing

Median Rent
Palos Park
Wauconda
$1,304
Median Home Value
Palos Park
$469,900
Wauconda
$268,300
43% cheaper
Population
Palos Park
4,832
Wauconda
14,010

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Palos Park 52.1°F
Wauconda 50.8°F
Summer High
Palos Park 85°F
Wauconda 84°F
Winter Low
Palos Park 19°F
Wauconda 18°F
Rainfall
Palos Park 34.4"
Wauconda 32.3"
Rainy Days
Palos Park 121d
Wauconda 112d