Cost of Living in Calumet Park, IL

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A+
7%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
26%
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 Calumet Park Illinois National
Cost of living9398100
Groceries101100100
Health care101100100
Housing7495100
Transportation105101100
Utilities9899100
Lifestyle & Entertainment102100100
Household Items101100100
Education & Childcare95100100
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Homes For Sale In Calumet Park, IL

property for sale

1127 W 123rd St

Calumet Park, IL
property for sale

12610 S Laflin St

Calumet Park, IL
property for sale

12620 S Racine Ave

Calumet Park, IL
property for sale

12326 S Racine Ave

Calumet Park, IL

Cost Of Living Quick Facts

  • The cost of living in Calumet Park is 6% lower than the Illinois average
  • The cost of living in Calumet Park is 7% lower than the national average
  • Calumet Park housing is 26% 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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      Salary Calculator

      This is how much you would need to earn in
      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$90,439$7,537$2,110$2,713
      Renters$70,149$5,846$1,637$2,105
      A good way to judge both the affordability of the housing and the cost of living in Calumet Park is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Calumet Park has a median income of about $90,439 for people who own homes. Based on that number, a maximum of $2,110 should be spent on expenses related to housing. Renters have a slightly different median income, which is $70,149. Based on this average, renters should spend no more than $1,637 on all rental costs if they want to maintain a non-impoverished standard of living.

      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.
      Hodgkins, IL1,8178316.9%
      Ford Heights, IL2,8018316.6%
      East Chicago, IN28,8358217.8%
      Phoenix, IL1,4508514.6%
      Dixmoor, IL3,6638712.6%
      Calumet Park, IL8,694937.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Alamo Heights, TX8,69515858.3%
      Hollymead, VA8,69212524.5%
      Castlegar, BC8,697n/a 
      Miles City, MT8,698990.9%
      West Haven-Sylvan, OR8,69915252.2%
      Calumet Park, IL8,694937.5%
      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.
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