| Index | Bradley | Illinois | National |
| Cost of living | 96 | 98 | 100 |
| Groceries | 100 | 100 | 100 |
| Health care | 100 | 100 | 100 |
| Housing | 87 | 95 | 100 |
| Transportation | 103 | 101 | 100 |
| Utilities | 100 | 99 | 100 |
| Lifestyle & Entertainment | 99 | 100 | 100 |
| Household Items | 100 | 100 | 100 |
| Education & Childcare | 101 | 100 | 100 |

The cost of living in Bradley 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 Bradley is 96, which is 4% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in Bradley are priced in a manner consistent with other areas. This means that residents of Bradley can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.
Wondering if Bradley is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Bradley, for example, the median home price is 24.4% lower than what folks pay nationally, and monthly rent is 13.6% higher than the usual rates. Plus, income levels matter too, with Bradley boasting a median household income of $80,919, which is 0.5% lower than the national average.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Bradley, the groceries index is 0.4% lower than the national average.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Bradley, the housing index stands at 13% lower than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
The cost of living estimates displayed for Bradley are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $93,633 | $7,803 | $2,185 | $2,809 |
| Renters | $63,972 | $5,331 | $1,493 | $1,919 |
| 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. |
| Hopkins Park, IL | 606 | 79 | 21.2% |
| Beaverville, IL | 383 | 83 | 16.9% |
| Papineau, IL | 133 | 84 | 15.9% |
| Kankakee, IL | 26,461 | 88 | 11.7% |
| St. Anne, IL | 1,291 | 86 | 14.0% |
| Bradley, IL | 15,608 | 96 | 3.7% |
| City | Population | Cost of Living Index | National Avg. |
| Newport, KY | 15,609 | 92 | 8.2% |
| Olivehurst, CA | 15,611 | 120 | 20.4% |
| Belvedere Park, GA | 15,604 | 102 | 1.7% |
| Swampscott, MA | 15,599 | 158 | 57.6% |
| Bellair-Meadowbrook Terrace, FL | 15,617 | 100 | 0.4% |
| Bradley, IL | 15,608 | 96 | 3.7% |