Lincolnwood, IL vs Wood Dale, IL: Cost of Living

Which city costs less?

Wood Dale, IL has a modeled overall cost index 0.2% higher than Lincolnwood, IL.

Lincolnwood, IL · modeled 2BR rent
$1,830 / month
Wood Dale, IL · modeled 2BR rent
$2,100 / 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 Lincolnwood, IL and Wood Dale, 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

$
Numbers update automatically as you type

Estimated extra cost: $10.80/month in Wood Dale, IL

$150,000 in your current city has a modeled equivalent of $150,130 in Wood Dale, IL

Regional cost estimates: Lincolnwood, IL uses Chicago, IL. Wood Dale, IL uses Chicago, IL. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 0.2%
More expensive
Monthly Impact
$10.80
Extra cost
Annual Impact
$130
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.

Lincolnwood, IL

Population:13K
Cost Index:
95.5
100 = national average
Typical Home:$336K

Wood Dale, IL

Population:14K
Cost Index:
95.7
100 = national average
Typical Home:$342K

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Lincolnwood, IL

The Prairie State

13K
Population
State Tax
Yes

Located in Illinois, this city has a population of 13K residents.

Wood Dale, IL

The Prairie State

14K
Population
State Tax
Yes

Located in Illinois, this city has a population of 14K residents.

Cost Breakdown by Category

Estimated monthly spending: Lincolnwood, IL vs Wood Dale, 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
↑ 0.2%
Lincolnwood, IL
$2,442
Wood Dale, IL
$2,446
Difference
$4.06
more
Other
↑ 0.2%
Lincolnwood, IL
$1,555
Wood Dale, IL
$1,558
Difference
$2.59
more
Transportation
↑ 0.2%
Lincolnwood, IL
$1,486
Wood Dale, IL
$1,489
Difference
$2.47
more
Groceries
↑ 0.1%
Lincolnwood, IL
$969
Wood Dale, IL
$969
Difference
$0.81
more
Healthcare
↑ 0.1%
Lincolnwood, IL
$560
Wood Dale, IL
$560
Difference
$0.47
more
All Utilities
↑ 0.1%
Lincolnwood, IL
$489
Wood Dale, IL
$489
Difference
$0.41
more

🏠Rent Comparison

Studio
From$1,520
To$1,740
↑ $220
1 Bed
From$1,620
To$1,860
↑ $240
2 Bed
From$1,830
To$2,100
↑ $270
3 Bed
From$2,360
To$2,700
↑ $340
Lincolnwood, ILZIP-level data

1BR range: $1,530–$1,710/mo

Wood Dale, ILZIP-level data

1BR range: $1,860–$1,860/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 Lincolnwood, IL
$7,511
Monthly in Wood Dale, IL
$10.80
Difference

Home Values

Lincolnwood
Wood Dale
$336K
Median Value
$342K
↑ +3.4%
YoY Change
↑ +5%
↑ +15.7%
5-Year Change
↑ +31.2%
$286K - $514K
Price Range
$342K

Homes in Wood Dale are 2% more expensive than Lincolnwood

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
→ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Lincolnwood, 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

Wood Dale, 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

Lincolnwood, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

Wood Dale, 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

Lincolnwood
Wood Dale
54 Moderate
Air Quality
54 Moderate
35.8%
Good Air Days
35.8%
100 Very High
Climate Risk
100 Very High
🌊🌡🫨
Top Hazards
🌊🌡🫨
▲+3.2°F
2050 Outlook
▲+3.2°F
18 days
Heat Days >95°F
18 days
▲+3.2°F
2050 Outlook
▲+3.2°F
18 days
Heat Days >95°F
18 days

Before moving from Lincolnwood, IL to Wood Dale, 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 Wood Dale, IL for the same bedroom count and included utilities as your home in Lincolnwood, IL. 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 Lincolnwood to Wood Dale moving checklist to organize the tasks and timing.

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

Frequently Asked Questions: Lincolnwood, IL vs Wood Dale, IL

How do the cost estimates for Lincolnwood, IL and Wood Dale, IL compare?

Wood Dale, IL has a modeled overall cost index 0.2% higher than Lincolnwood, IL. 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 Lincolnwood, IL, the model estimates $150,130 in Wood Dale, 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 Lincolnwood, IL and Wood Dale, IL?

The modeled two-bedroom rents are $1,830/month in Lincolnwood, IL and $2,100/month in Wood Dale, 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.

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