| Index | Bloomingdale | Illinois | National |
| Cost of living | 118 | 98 | 100 |
| Groceries | 100 | 100 | 100 |
| Health care | 101 | 100 | 100 |
| Housing | 159 | 95 | 100 |
| Transportation | 101 | 101 | 100 |
| Utilities | 101 | 99 | 100 |
| Lifestyle & Entertainment | 103 | 100 | 100 |
| Household Items | 102 | 100 | 100 |
| Education & Childcare | 96 | 100 | 100 |
The cost of living in Bloomingdale affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Bloomingdale is 118, which is 18% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Housing costs are a very significant part of the Bloomingdale cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 59.3% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Bloomingdale an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Bloomingdale, the median home price is 66.5% higher than what most folks pay across the country, and monthly rent prices are 42.7% higher than the usual rates. Income levels in Bloomingdale come in at $130,618, which is 60.6% higher than the national average.
Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Bloomingdale, the groceries index is 0.4% higher than the national average.
Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Bloomingdale, the housing index comes in at 59.3% higher than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
The Bloomingdale 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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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $149,325 | $12,444 | $3,484 | $4,480 |
| Renters | $87,536 | $7,295 | $2,042 | $2,626 |
| 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. |
| Hodgkins, IL | 1,817 | 83 | 16.9% |
| Maywood, IL | 23,986 | 96 | 3.6% |
| Broadview, IL | 7,841 | 99 | 0.9% |
| Bellwood, IL | 19,287 | 99 | 1.0% |
| Summit, IL | 11,472 | 100 | 0.1% |
| Bloomingdale, IL | 22,685 | 118 | 18.1% |
| City | Population | Cost of Living Index | National Avg. |
| Union City, GA | 22,686 | 96 | 3.6% |
| Chester, VA | 22,686 | 110 | 10.2% |
| Evans, CO | 22,678 | 115 | 15.2% |
| Belton, TX | 22,671 | 96 | 3.7% |
| Corcoran, CA | 22,663 | 108 | 7.6% |
| Bloomingdale, IL | 22,685 | 118 | 18.1% |
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