Cost of Living: Joliet, IL vs Park Ridge, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Joliet, IL versus $4,227/mo in Park Ridge, IL. In the model, rent is about 18.02% of gross in Joliet, IL versus 22.01% in Park Ridge, IL, so Joliet, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Joliet, IL and Park Ridge, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Park Ridge, IL
- Lower rent (median 1BR/2BR): Joliet, IL
- Lower home prices: Joliet, IL
- Higher median household income: Park Ridge, IL
Cost of Living Index
Joliet, IL: 100 (U.S. = 100) · Park Ridge, IL: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Joliet, IL: $1,175/mo (midpoint of 1BR/2BR) · Park Ridge, IL: $1,436/mo
Median rent in Park Ridge, IL is $261/mo higher than in Joliet, IL.
Median Home Price
Joliet, IL: $248,600 · Park Ridge, IL: $539,300
Median home price in Park Ridge, IL is $290,700 higher than in Joliet, IL.
Median Household Income
Joliet, IL: $88,026 · Park Ridge, IL: $138,059
Park Ridge, IL has a higher median household income than Joliet, IL by $50,033.
Joliet, IL overview · Park Ridge, IL overview · Popular comparisons