Preston Heights, IL vs Sheffield, IL

There is a significant gap in the cost of living between these two cities. Sheffield is 21.7% cheaper than Preston Heights. With a cost index of 70 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sheffield to Preston Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Preston Heights is $1,232/month compared to $992/month in Sheffield — a 24% difference. Home values follow the same pattern: Sheffield is more affordable at $102,600 median vs $141,400.

Median household income in Preston Heights is $51,970 compared to $68,542 in Sheffield (-24.2%). Sheffield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Preston Heights spend roughly 28.4% of their income on rent, more than the 17.4% in Sheffield.

Climate-wise, both cities share similar average temperatures (52.1°F vs 51.2°F). Sheffield receives more rainfall at 38.3" per year compared to 34.4" in Preston Heights.