Elmhurst cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexElmhurstIllinoisNational
Cost of living index13299100
IndexElmhurstIllinoisNational
Goods & Services index10698100
Groceries index10899100
Health care index100101100
Housing index19199100
Transportation index11297100
Utilities index104101100
An overview of the general cost of living index for Elmhurst, IL is displayed above for your reference. Residents in Elmhurst, IL enjoy a cost of living index of 132. This index is 33% higher than the Illinois average, and 32% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Elmhurst, IL, the average cost of goods and services is 8% higher than it is in Illinois, and it is 6% higher than the national average.

Did you know?

  • The cost of living in Elmhurst is 33% higher than the Illinois average.
  • The cost of living in Elmhurst is 32% higher than the national average.
  • The cost of housing in Elmhurst is 91% higher than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 69% higher than the national average.

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Compare Elmhurst, IL Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Elmhurst, IL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Elmhurst, IL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Elmhurst, IL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$106,779$8,898$2,491$3,204
Renters$51,758$4,313$1,208$1,553
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Elmhurst, IL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Elmhurst, IL has a median income of about $106,779 for people who own homes. Based on that number, a person should spend a maximum of $2,491 on expenses related to housing. Renters have a slightly different median income, which is $51,758. Based on this average, renters should spend no more than $1,208 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%9.75%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%
The Illinois sales tax and Illinois income tax rates should definitely be considered when determining the overall cost of living in Elmhurst, IL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Illinois sales tax is 6.25% and the maximum surtax is 9.75%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Illinois income tax rates range from 3.75% to 3.75%.

Goods & Services

ItemElmhurstNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $45.00$34.6829.8%
Toothpaste $2.34$2.475.4%
Shampoo $0.99$1.023.1%
Movie $13.75$9.8739.3%
Bowling $5.00$4.3913.9%

Groceries

ItemElmhurstNational avg.Difference
Ground Beef $5.37$4.4820.0%
Fried Chicken $1.42$1.463.0%
Milk $1.74$2.3626.2%
Potatoes $2.50$3.0618.3%
Pizza $10.99$9.2418.9%
Beer $14.25$8.6365.1%

Health Care

ItemElmhurstNational avg.Difference
Optometrist $95.00$99.784.8%
Doctor $100.00$105.034.8%
Dentist $100.00$88.7012.7%
Ibuprofen $9.24$9.411.8%
Lipitor $262.00$298.5012.2%

Housing

ItemElmhurstNational avg.Difference
Home Price $366,900.00$175,700.00108.8%
Avg. Mortgage Payment $1,500.61$1,081.0338.8%
Apartment Rent $1,378.00$920.0049.8%

Transportation

ItemElmhurstNational avg.Difference
Gasoline $2.29$2.099.5%
Tire Balancing $53.31$45.2917.7%

Utilities

ItemElmhurstNational avg.Difference
All Electricity$173.99$170.801.9%
Phone $30.05$28.266.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Hodgkins, IL2,18588-12%
Hometown, IL4,35893-7%
Merrionette Park, IL1,74897-3%
Cicero, IL84,42399-1%
Bellwood, IL19,14999-1%
Elmhurst, IL45,10513232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
West Seneca, NY44,90288-12%
North Highlands, CA44,8991055%
Madison, AL44,8661077%
Twin Falls, ID45,36290-10%
Sierra Vista, AZ45,36599-1%
Elmhurst, IL45,10513232%
Source: The Elmhurst, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.