Cost of Living: Miami Lakes, FL vs Woodridge, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Miami Lakes, FL versus $4,227/mo in Woodridge, IL. In the model, rent is about 29.49% of gross in Miami Lakes, FL versus 22.54% in Woodridge, IL, so Woodridge, IL tends to feel more affordable for rent.

Take-home in Miami Lakes, FL
$4,516/mo
Income level: below
Take-home in Woodridge, IL
$4,227/mo
Income level: below
Rent share (1BR) in Miami Lakes, FL
29.49%
COLI tier: mid-range
Rent share (1BR) in Woodridge, IL
22.54%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Miami Lakes, FL and Woodridge, IL.

At a glance

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

Cost of Living Index

Miami Lakes, FL: 100 (U.S. = 100) · Woodridge, IL: 100 (U.S. = 100)

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

Median Rent

Miami Lakes, FL: $1,923/mo (midpoint of 1BR/2BR) · Woodridge, IL: $1,470/mo

Median rent in Miami Lakes, FL is $453/mo higher than in Woodridge, IL.

Median Home Price

Miami Lakes, FL: $577,300 · Woodridge, IL: $345,200

Median home price in Miami Lakes, FL is $232,100 higher than in Woodridge, IL.

Median Household Income

Miami Lakes, FL: $97,255 · Woodridge, IL: $97,263

Woodridge, IL has a higher median household income than Miami Lakes, FL by $8.

Miami Lakes, FL overview · Woodridge, IL overview · Popular comparisons