| Index | Bartlett | Illinois | National |
| Cost of living | 119 | 98 | 100 |
| Groceries | 100 | 100 | 100 |
| Health care | 99 | 100 | 100 |
| Housing | 163 | 95 | 100 |
| Transportation | 99 | 101 | 100 |
| Utilities | 97 | 99 | 100 |
| Lifestyle & Entertainment | 98 | 100 | 100 |
| Household Items | 100 | 100 | 100 |
| Education & Childcare | 103 | 100 | 100 |
Getting a feel for the cost of living in Bartlett is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Bartlett is 119, which is 19% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
Housing costs significantly influence the Bartlett cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 62.8%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.
The most insightful perspective on a city comes from its residents. We recently surveyed 6 locals to gauge their perception of the cost of living in Bartlett. The feedback revealed that 33% of respondents found the cost of living to be reasonable, with prices on the decline, while 67% regarded it as notably expensive with prices that continue to rise.
Is Bartlett affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Bartlett, for instance, where the median home price falls 56.2% higher than the national average, and monthly rent rates are 78.1% higher than usual. Additionally, median income levels contribute to the equation, with Bartlett flaunting a median household income of $161,674, 98.8% higher than the national norm.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Bartlett starts at 6.25% and the income tax rates start at 4.95%.
Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Bartlett, the groceries index is 0.4% higher than the national average.
The Bartlett cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
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| Groceries index | |
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| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $180,979 | $15,082 | $4,223 | $5,430 |
| Renters | $74,133 | $6,178 | $1,730 | $2,224 |
| State | General Sales Tax | With Max Surtax |
| Illinois | 6.25% | 10.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Illinois | 4.95% | 4.95% |
| City | Population | Cost of Living Index | National Avg. |
| Berkeley, IL | 5,266 | 100 | 0.2% |
| Northlake, IL | 12,696 | 102 | 1.7% |
| Carpentersville, IL | 38,383 | 102 | 2.0% |
| Elgin, IL | 115,336 | 104 | 4.3% |
| Hillside, IL | 8,131 | 104 | 4.2% |
| Bartlett, IL | 42,167 | 119 | 18.5% |
| City | Population | Cost of Living Index | National Avg. |
| Cedar Falls, IA | 42,150 | 100 | 0.2% |
| Weslaco, TX | 42,136 | 87 | 13.1% |
| Salaberry-de-Valleyfield, QC | 42,121 | n/a | |
| Hutchinson, KS | 42,073 | 86 | 14.1% |
| Hickory, NC | 42,059 | 98 | 2.1% |
| Bartlett, IL | 42,167 | 119 | 18.5% |
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