| Index | Villa Park | Illinois | National |
| Cost of living | 110 | 98 | 100 |
| Groceries | 101 | 100 | 100 |
| Health care | 98 | 100 | 100 |
| Housing | 133 | 95 | 100 |
| Transportation | 102 | 101 | 100 |
| Utilities | 100 | 99 | 100 |
| Lifestyle & Entertainment | 100 | 100 | 100 |
| Household Items | 99 | 100 | 100 |
| Education & Childcare | 104 | 100 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Villa Park? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Villa Park stands at 110, making it 10% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
Housing costs are a very significant part of the Villa Park 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 33.3% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Villa Park an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Villa Park is 38.6% higher than the national average, while the average monthly rent prices are 21.1% higher than average. The affordability of any location can also be influenced by median income levels. Villa Park has a median household income of $119,794, which is 47.3% 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 Villa Park, the groceries index is 0.8% higher than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including 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 offering fewer subsidies may experience a rise in their cost of living.
Taxes: Areas with higher taxes, including sales taxes and income taxes, can contribute to a higher cost of living. Paying more tax for everyday household expenses like clothing and food will result in higher costs, as will paying a higher rate of income tax. The general sales tax rate in Villa Park starts at 6.25% and the income tax rates start at 4.95%.
The Villa Park cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical 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 | $137,786 | $11,482 | $3,215 | $4,134 |
| Renters | $77,260 | $6,438 | $1,803 | $2,318 |
| 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% |
| Hometown, IL | 4,350 | 89 | 11.2% |
| Merrionette Park, IL | 2,017 | 93 | 6.6% |
| Maywood, IL | 23,986 | 96 | 3.6% |
| Chicago Ridge, IL | 14,340 | 99 | 1.3% |
| Villa Park, IL | 22,904 | 110 | 10.4% |
| City | Population | Cost of Living Index | National Avg. |
| Watertown, SD | 22,909 | 96 | 4.5% |
| Clinton, UT | 22,893 | 114 | 14.4% |
| Uxbridge, ON | 22,892 | n/a | |
| Maple Heights, OH | 22,891 | 85 | 15.2% |
| Fairhope, AL | 22,887 | 118 | 17.6% |
| Villa Park, IL | 22,904 | 110 | 10.4% |
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