Cost Of Living in Braidwood, IL

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A+

1%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

1%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Braidwood	Illinois	National
Cost of living	99	98	100
Groceries	99	100	100
Health care	97	100	100
Housing	99	95	100
Transportation	100	101	100
Utilities	101	99	100
Lifestyle & Entertainment	99	100	100
Household Items	98	100	100
Education & Childcare	106	100	100

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Homes For Sale In Braidwood, IL

828 Blackhawk Dr

Braidwood, IL

22238

Wilmington, IL

226 Harbor Lndg

Braidwood, IL

286 Fossil Ridge Rd

Wilmington, IL

See the Newest Homes For Sale In Braidwood, IL

Cost Of Living Quick Facts

The cost of living in Braidwood is 1% higher than the Illinois average
The cost of living in Braidwood is 1% lower than the national average
Braidwood housing is 1% lower than the national average
Illinois general sales tax is 22% higher than the national average
Illinois state income tax is 91% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$114,348	$9,529	$2,668	$3,431
Renters	$53,323	$4,444	$1,244	$1,600

The affordability of the housing market in Braidwood, IL as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Braidwood homeowners, the median income is $114,348. This indicates that a monthly maximum of $2,668 should be spent by homeowners on all housing related costs. Renters have a median income of $53,323. This indicates that renters would have a maximum of $1,244 for their rent related monthly costs.

Illinois Sales Tax

State	General Sales Tax	With Max Surtax
Illinois	6.25%	10.25%

Illinois Income Tax

State	Income Tax (Low)	Income Tax (High)
Illinois	4.95%	4.95%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Wilmington village, IL	150	79	21.3%
Union Hill, IL	71	81	19.0%
East Brooklyn, IL	59	89	10.6%
Reddick, IL	220	90	10.0%
Godley, IL	717	90	9.8%
Braidwood, IL	6,545	99	0.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
North Fort Lewis, WA	6,545	137	37.3%
Plessisville, QC	6,545	n/a
Gimli, MB	6,545	n/a
Horseheads, NY	6,544	99	1.4%
Opp, AL	6,547	83	17.5%
Braidwood, IL	6,545	99	0.6%