Median Home Price
$416,478.13
Median Rent
$2,039.84/mo
Price-to-Rent Ratio
17.0
Property Tax RateTIE
2.27%
Price Change (1Y)
+5.0%
Price Change (5Y)
+25.1%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$170,842
Median Home PriceBETTER
$186,232.99
Median RentBETTER
$1,129.31/mo
Price-to-Rent RatioBETTER
13.7
Property Tax RateTIE
2.27%
Price Change (1Y)BETTER
+7.1%
Price Change (5Y)BETTER
+35.5%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$8,273
Key Differences
Home Prices
Naperville's median home price of $416,478.13 is higher than Springfield's $186,232.99 by 124%.
Monthly Rent
Renting in Naperville costs $2,039.84/mo compared to $1,129.31/mo in Springfield—a difference of $910.53/mo.
Buy vs Rent Verdict
Naperville favors renting, while Springfield favors either option.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.