Cost of Living: Burbank, IL vs Richfield, MN

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Burbank, IL versus $4,119/mo in Richfield, MN. In the model, rent is about 18.09% of gross in Burbank, IL versus 19.44% in Richfield, MN, so Burbank, IL tends to feel more affordable for rent.

Take-home in Burbank, IL
$4,227/mo
Income level: below
Take-home in Richfield, MN
$4,119/mo
Income level: below
Rent share (1BR) in Burbank, IL
18.09%
COLI tier: mid-range
Rent share (1BR) in Richfield, MN
19.44%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Burbank, IL and Richfield, MN.

At a glance

  • Cheaper overall (lower cost-of-living index): Richfield, MN
  • Lower rent (median 1BR/2BR): Burbank, IL
  • Lower home prices: Burbank, IL
  • Higher median household income: Richfield, MN

Cost of Living Index

Burbank, IL: 100 (U.S. = 100) · Richfield, MN: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Burbank, IL: $1,179/mo (midpoint of 1BR/2BR) · Richfield, MN: $1,268/mo

Median rent in Richfield, MN is $89/mo higher than in Burbank, IL.

Median Home Price

Burbank, IL: $258,900 · Richfield, MN: $320,400

Median home price in Richfield, MN is $61,500 higher than in Burbank, IL.

Median Household Income

Burbank, IL: $83,975 · Richfield, MN: $84,055

Richfield, MN has a higher median household income than Burbank, IL by $80.

Burbank, IL overview · Richfield, MN overview · Popular comparisons