Lathrup Village, MI vs Wonder Lake, IL: Cost of Living

Which city costs less?

Wonder Lake, IL has a modeled overall cost index 5.6% higher than Lathrup Village, MI.

Lathrup Village, MI · modeled 2BR rent
$1,700 / month
Wonder Lake, IL · modeled 2BR rent
$1,640 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Lathrup Village, MI and Wonder Lake, IL using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

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Estimated extra cost: $376/month in Wonder Lake, IL

$150,000 in your current city has a modeled equivalent of $154,511 in Wonder Lake, IL

Regional cost estimates: Lathrup Village, MI uses Detroit, MI. Wonder Lake, IL uses Milwaukee, WI. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 5.6%
More expensive
Monthly Impact
$376
Extra cost
Annual Impact
$4.5K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Lathrup Village, MI

Population:4K
Cost Index:
78.3
100 = national average
Typical Home:$283K

Wonder Lake, IL

Population:5K
Cost Index:
82.7
100 = national average
Typical Home:$278K

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Lathrup Village, MI

The Great Lakes State

4K
Population
State Tax
Yes

Located in Michigan, this city has a population of 4K residents.

Wonder Lake, IL

The Prairie State

5K
Population
State Tax
Yes

Located in Illinois, this city has a population of 5K residents.

Cost Breakdown by Category

Estimated monthly spending: Lathrup Village, MI vs Wonder Lake, IL

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↑ 25.9%
Lathrup Village, MI
$1,538
Wonder Lake, IL
$1,937
Difference
$399
more
Healthcare
↑ 28.8%
Lathrup Village, MI
$655
Wonder Lake, IL
$844
Difference
$189
more
Transportation
↓ 8.6%
Lathrup Village, MI
$1,722
Wonder Lake, IL
$1,574
Difference
$147
less
All Utilities
↓ 7.9%
Lathrup Village, MI
$648
Wonder Lake, IL
$597
Difference
$50.97
less
Other
↓ 2.0%
Lathrup Village, MI
$1,835
Wonder Lake, IL
$1,798
Difference
$36.42
less
Groceries
↑ 2.1%
Lathrup Village, MI
$1,103
Wonder Lake, IL
$1,126
Difference
$23.24
more

🏠Rent Comparison

Studio
From$1,220
To$1,360
↑ $140
1 Bed
From$1,350
To$1,460
↑ $110
2 Bed
From$1,700
To$1,640
↓ $60.00
3 Bed
From$2,080
To$2,110
↑ $30.00
Lathrup Village, MIZIP-level data

1BR range: $1,350–$1,350/mo

Wonder Lake, ILZIP-level data

1BR range: $1,460–$1,460/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Lathrup Village, MI
$7,876
Monthly in Wonder Lake, IL
$376
Difference

Home Values

Lathrup Village
Wonder Lake
$283K
Median Value
$278K
↑ +1.1%
YoY Change
↑ +4.3%
↑ +27.4%
5-Year Change
↑ +42.4%

Homes in Wonder Lake are 2% less expensive than Lathrup Village

Calculate payment - Lathrup VillageCalculate payment - Wonder Lake

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $1.1K
More taxes
Monthly Difference
$87.50
Less take-home
Effective Rate Diff
0.7%
Rate difference

Lathrup Village, MI

Federal Income Tax
Effective: 18.9%
$25.5K
Michigan State Tax
Effective: 4.3%
$6.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 28.9%
$43.4K
Take-Home Pay
$8,884/month
$106.6K

Wonder Lake, IL

Federal Income Tax
Effective: 18.9%
$25.5K
Illinois State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,797/month
$105.6K

Additional Tax Information

Lathrup Village, MI Tax Rates

Sales Tax:6.0%
Property Tax:1.4%

Wonder Lake, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Lathrup Village
Wonder Lake
55 Moderate
Air Quality
43 Good
32.8%
Good Air Days
68.6%
99 High
Climate Risk
98 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
▲+3.1°F
2050 Outlook
▲+3.3°F
10 days
Heat Days >95°F
13 days
▲+3.1°F
2050 Outlook
▲+3.3°F
10 days
Heat Days >95°F
13 days

Before moving from Lathrup Village, MI to Wonder Lake, IL

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Wonder Lake, IL for the same bedroom count and included utilities as your home in Lathrup Village, MI. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Lathrup Village to Wonder Lake moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Wonder Lake, IL by cost, housing, population and region.

Frequently Asked Questions: Lathrup Village, MI vs Wonder Lake, IL

How do the cost estimates for Lathrup Village, MI and Wonder Lake, IL compare?

Wonder Lake, IL has a modeled overall cost index 5.6% higher than Lathrup Village, MI. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Lathrup Village, MI, the model estimates $154,511 in Wonder Lake, IL. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Lathrup Village, MI and Wonder Lake, IL?

The modeled two-bedroom rents are $1,700/month in Lathrup Village, MI and $1,640/month in Wonder Lake, IL. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Michigan and Illinois on TaxTakeHome.com

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