New Whiteland, IN vs Island Lake, IL: Cost of Living

Which city costs less?

Island Lake, IL has a modeled overall cost index 19.9% higher than New Whiteland, IN.

New Whiteland, IN · modeled 2BR rent
$2,200 / month
Island Lake, IL · modeled 2BR rent
$2,250 / 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 New Whiteland, IN and Island 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: $1,754/month in Island Lake, IL

$150,000 in your current city has a modeled equivalent of $171,050 in Island Lake, IL

Regional cost estimates: New Whiteland, IN uses Indianapolis, IN. Island Lake, IL uses Chicago, IL. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 19.9%
More expensive
Monthly Impact
$1,754
Extra cost
Annual Impact
$21.0K
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.

New Whiteland, IN

Population:6K
Cost Index:
77.5
100 = national average
Typical Home:$264K

Island Lake, IL

Population:8K
Cost Index:
92.9
100 = national average
Typical Home:$289K

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New Whiteland, IN

The Hoosier State

6K
Population
State Tax
Yes

Located in Indiana, this city has a population of 6K residents.

Island Lake, IL

The Prairie State

8K
Population
State Tax
Yes

Located in Illinois, this city has a population of 8K residents.

Cost Breakdown by Category

Estimated monthly spending: New Whiteland, IN vs Island 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
↑ 51.9%
New Whiteland, IN
$1,976
Island Lake, IL
$3,002
Difference
$1,025
more
Transportation
↑ 36.5%
New Whiteland, IN
$1,339
Island Lake, IL
$1,827
Difference
$488
more
Other
↑ 6.7%
New Whiteland, IN
$1,792
Island Lake, IL
$1,912
Difference
$120
more
Groceries
↑ 10.0%
New Whiteland, IN
$1,098
Island Lake, IL
$1,207
Difference
$110
more
All Utilities
↑ 1.5%
New Whiteland, IN
$600
Island Lake, IL
$609
Difference
$8.72
more
Healthcare
↑ 0.3%
New Whiteland, IN
$695
Island Lake, IL
$698
Difference
$2.36
more

🏠Rent Comparison

Studio
From$1,670
To$1,870
↑ $200
1 Bed
From$1,890
To$2,000
↑ $110
2 Bed
From$2,200
To$2,250
↑ $50.00
3 Bed
From$2,850
To$2,900
↑ $50.00
New Whiteland, INZIP-level data

1BR range: $1,890–$1,890/mo

Island Lake, ILZIP-level data

1BR range: $2,000–$2,000/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 New Whiteland, IN
$9,254
Monthly in Island Lake, IL
$1,754
Difference

Home Values

New Whiteland
Island Lake
$264K
Median Value
$289K
↑ +0.7%
YoY Change
↑ +6%
↑ +39.8%
5-Year Change
↑ +48.8%

Homes in Island Lake are 9% more expensive than New Whiteland

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $2.6K
More taxes
Monthly Difference
$215
Less take-home
Effective Rate Diff
1.7%
Rate difference

New Whiteland, IN

Federal Income Tax
Effective: 18.9%
$25.5K
Indiana State Tax
Effective: 3.2%
$4.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.9%
$41.9K
Take-Home Pay
$9,012/month
$108.1K

Island 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

New Whiteland, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

Island 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

New Whiteland
Island Lake
54 Moderate
Air Quality
54 Moderate
36.6%
Good Air Days
35.8%
97 High
Climate Risk
100 Very High
🌊🌡🌪
Top Hazards
🌊🌡🫨
▲+3.1°F
2050 Outlook
▲+3.2°F
18 days
Heat Days >95°F
18 days
▲+3.1°F
2050 Outlook
▲+3.2°F
18 days
Heat Days >95°F
18 days

Before moving from New Whiteland, IN to Island 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 Island Lake, IL for the same bedroom count and included utilities as your home in New Whiteland, IN. 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 New Whiteland to Island Lake moving checklist to organize the tasks and timing.

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

Frequently Asked Questions: New Whiteland, IN vs Island Lake, IL

How do the cost estimates for New Whiteland, IN and Island Lake, IL compare?

Island Lake, IL has a modeled overall cost index 19.9% higher than New Whiteland, IN. 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 New Whiteland, IN, the model estimates $171,050 in Island 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 New Whiteland, IN and Island Lake, IL?

The modeled two-bedroom rents are $2,200/month in New Whiteland, IN and $2,250/month in Island 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 Indiana and Illinois on TaxTakeHome.com

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