| Index | Romeoville | Illinois | National |
| Cost of living | 108 | 98 | 100 |
| Groceries | 98 | 100 | 100 |
| Health care | 101 | 100 | 100 |
| Housing | 127 | 95 | 100 |
| Transportation | 102 | 101 | 100 |
| Utilities | 97 | 99 | 100 |
| Lifestyle & Entertainment | 103 | 100 | 100 |
| Household Items | 98 | 100 | 100 |
| Education & Childcare | 100 | 100 | 100 |
Understanding the cost of living in Romeoville can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Romeoville cost of living index is 108, which is 8% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
The cost of living in Romeoville is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Housing costs are a very significant part of the Romeoville 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 26.8% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Romeoville 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 Romeoville, the median home price is 6.9% higher than what most folks pay across the country, and monthly rent prices are 73.1% higher than the usual rates. Income levels in Romeoville come in at $127,466, which is 56.7% higher than the national average.
Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.
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 Romeoville, the housing index stands at 26.8% higher than the national average.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Romeoville, the transportation index is 1.9% higher than the national average.
The Romeoville 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.
| 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 | $135,566 | $11,297 | $3,163 | $4,067 |
| Renters | $86,461 | $7,205 | $2,017 | $2,594 |
| 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% |
| Preston Heights, IL | 2,583 | 92 | 7.8% |
| Ingalls Park, IL | 3,100 | 92 | 7.6% |
| Fairmont, IL | 2,777 | 94 | 6.0% |
| Rockdale, IL | 2,487 | 95 | 4.9% |
| Romeoville, IL | 41,178 | 108 | 7.8% |
| City | Population | Cost of Living Index | National Avg. |
| Vineyard, CA | 41,185 | 139 | 39.3% |
| Quincy, IL | 41,163 | 89 | 10.7% |
| Calexico, CA | 41,129 | 115 | 14.6% |
| La Puente, CA | 41,123 | 144 | 44.2% |
| Valrico, FL | 41,251 | 114 | 14.3% |
| Romeoville, IL | 41,178 | 108 | 7.8% |
Here are the best places to live in Illinois
These are the 10 cheapest cities in Illinois
Safest Cities In The US
Check out the 10 most dangerous cities in Illinois