Lombard 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.
IndexLombardIllinoisNational
Cost of living index11698100
IndexLombardIllinoisNational
Goods & Services index10897100
Groceries index10897100
Health care index103100100
Housing index13299100
Transportation index126104100
Utilities index9595100
A general overview of the cost of living index for Lombard, IL is displayed above. In Lombard, IL, the overall cost of living index is 116, which is 18% higher than the Illinois average and 16% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Lombard, IL, the city's goods and services are 12% higher than the Illinois average and 8% higher than the U.S. average.

Did you know?

  • The cost of living in Lombard is 18% higher than the Illinois average.
  • The cost of living in Lombard is 16% higher than the national average.
  • The cost of housing in Lombard is 32% 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 Lombard, IL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Lombard, IL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Lombard, IL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Lombard, IL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$79,012$6,584$1,843$2,371
Renters$53,296$4,441$1,243$1,599
The affordability of the housing market in Lombard, IL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Lombard, IL homeowners, the median income is $79,012. This indicates that a monthly maximum of $1,843 should be spent by homeowners on all housing related costs. Renters have a median income of $53,296. This indicates that renters should have a maximum of $1,243 used for their rent related monthly costs.

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 Lombard, 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

ItemLombardNational avg.Difference
Haircut $17.44$15.5612.1%
Beauty Salon $55.00$36.1152.3%
Toothpaste $2.68$2.478.3%
Shampoo $1.00$0.963.6%
Movie $13.20$10.1330.3%
Bowling $8.00$4.7468.9%

Groceries

ItemLombardNational avg.Difference
Ground Beef $4.57$3.9814.6%
Fried Chicken $1.67$1.4118.4%
Milk $1.94$2.065.8%
Potatoes $3.51$2.9817.6%
Pizza $9.99$9.475.5%
Beer $8.73$8.790.7%

Health Care

ItemLombardNational avg.Difference
Optometrist $95.00$101.046.0%
Doctor $99.17$107.447.7%
Dentist $101.11$90.4211.8%
Ibuprofen $9.80$9.285.6%
Lipitor $421.75$426.501.1%

Housing

ItemLombardNational avg.Difference
Home Price $235,300.00$175,700.0033.9%
Avg. Mortgage Payment $1,611.36$1,133.2342.2%
Apartment Rent $1,182.00$920.0028.5%

Transportation

ItemLombardNational avg.Difference
Gasoline $2.57$1.9928.9%
Tire Balancing $54.44$45.7619.0%

Utilities

ItemLombardNational avg.Difference
All Electricity$150.85$163.817.9%
Phone $28.44$28.390.2%
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, IL2,18589-11%
Hometown, IL4,35895-5%
Cicero, IL84,4231000%
Bellwood, IL19,1491011%
Maywood, IL24,1481022%
Lombard, IL43,85311616%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
El Dorado Hills, CA43,86215252%
Kannapolis, NC43,86591-9%
York, PA43,81787-13%
Hackensack, NJ43,90312323%
Attleboro, MA43,77412323%
Lombard, IL43,85311616%
Source: The Lombard, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.