Cost of Living: The Hammocks, FL vs Wheeling, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in The Hammocks, FL versus $4,227/mo in Wheeling, IL. In the model, rent is about 29.74% of gross in The Hammocks, FL versus 22.99% in Wheeling, IL, so Wheeling, IL tends to feel more affordable for rent.

Take-home in The Hammocks, FL
$4,516/mo
Income level: below
Take-home in Wheeling, IL
$4,227/mo
Income level: below
Rent share (1BR) in The Hammocks, FL
29.74%
COLI tier: mid-range
Rent share (1BR) in Wheeling, IL
22.99%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between The Hammocks, FL and Wheeling, IL.

At a glance

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

Cost of Living Index

The Hammocks, FL: 100 (U.S. = 100) · Wheeling, IL: 100 (U.S. = 100)

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

Median Rent

The Hammocks, FL: $1,939/mo (midpoint of 1BR/2BR) · Wheeling, IL: $1,499/mo

Median rent in The Hammocks, FL is $440/mo higher than in Wheeling, IL.

Median Home Price

The Hammocks, FL: $437,700 · Wheeling, IL: $244,600

Median home price in The Hammocks, FL is $193,100 higher than in Wheeling, IL.

Median Household Income

The Hammocks, FL: $83,253 · Wheeling, IL: $83,251

The Hammocks, FL has a higher median household income than Wheeling, IL by $2.

The Hammocks, FL overview · Wheeling, IL overview · Popular comparisons