Peru, IL vs Round Lake Beach, IL
There is a significant gap in the cost of living between these two cities. Peru is 21.9% cheaper than Round Lake Beach. With a cost index of 73 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peru to Round Lake Beach should plan for substantially higher expenses across most categories.
On the housing front, median rent in Peru is $879/month compared to $1,382/month in Round Lake Beach — a 36% difference. Home values follow the same pattern: Peru is more affordable at $155,600 median vs $191,200.
Median household income in Peru is $68,147 compared to $86,632 in Round Lake Beach (-21.3%). The higher salaries in Round Lake Beach partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Peru spend roughly 15.5% of their income on rent, less than the 19.1% in Round Lake Beach.
Climate-wise, both cities share similar average temperatures (47.8°F vs 48.3°F). Peru receives more rainfall at 37.4" per year compared to 35.3" in Round Lake Beach.
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