Western Springs 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.
IndexWestern SpringsIllinoisNational
Cost of living index15398100
IndexWestern SpringsIllinoisNational
Goods & Services index10897100
Groceries index10897100
Health care index103100100
Housing index25899100
Transportation index126104100
Utilities index9595100
Displayed above is a general overview of the Western Springs, IL cost of living index. The overall cost of living index in Western Springs, IL is 153, which is 56% higher than the Illinois average and 53% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Western Springs, IL are 12% higher than the Illinois average and 8% higher than the national average.

Did you know?

  • The cost of living in Western Springs is 56% higher than the Illinois average.
  • The cost of living in Western Springs is 53% higher than the national average.
  • The cost of housing in Western Springs is 158% 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 Western Springs, IL Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Western Springs, IL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Western Springs, IL, you have to earn a higher income in order to still have the same standard of living. To operate the Western Springs, IL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$145,915$12,160$3,404$4,378
Renters$54,432$4,536$1,270$1,633
One can approximate the cost of living and the housing affordability in Western Springs, IL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Western Springs, IL have a median income of $145,915. Therefore, the amount that a consumer should spend on housing costs should be no more than $3,404 per month to avoid calamity and poverty. The renters in the city have an income of about $54,432, which would make their monthly maximum allowable rental costs $1,270.

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%
When assessing the complete cost of living in Western Springs, IL, the Illinois income tax and the Illinois sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Illinois maximum surtax is 9.75%, and the Illinois sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3.75% to 3.75% in Illinois.

Goods & Services

ItemWestern SpringsNational 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

ItemWestern SpringsNational 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

ItemWestern SpringsNational 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

ItemWestern SpringsNational avg.Difference
Home Price $500,600.00$175,700.00184.9%
Avg. Mortgage Payment $1,611.36$1,133.2342.2%
Apartment Rent $1,783.00$920.0093.8%

Transportation

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

Utilities

ItemWestern SpringsNational 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.
Dixmoor, IL3,63588-12%
Hodgkins, IL2,18589-11%
Robbins, IL5,22192-8%
Harvey, IL25,22594-6%
Phoenix, IL2,14394-6%
Western Springs, IL13,06615353%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hidalgo, TX13,06373-27%
West Monroe, LA13,07388-12%
Marshall, MO13,05986-14%
Falls Church, VA13,07417373%
Sauk Rapids, MN13,07995-5%
Western Springs, IL13,06615353%
Source: The Western Springs, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.