| Index | Westmont | Illinois | National |
| Cost of living | 116 | 98 | 100 |
| Groceries | 99 | 100 | 100 |
| Health care | 97 | 100 | 100 |
| Housing | 156 | 95 | 100 |
| Transportation | 99 | 101 | 100 |
| Utilities | 98 | 99 | 100 |
| Lifestyle & Entertainment | 103 | 100 | 100 |
| Household Items | 98 | 100 | 100 |
| Education & Childcare | 102 | 100 | 100 |
The cost of living in Westmont 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 Westmont is 116, which is 16% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Housing costs make up a big chunk of the cost of living in Westmont, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 56.1% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Nobody knows their city better than the people who actually live there. So, we asked 6 local residents how they would rate the cost of living in Westmont and this is how they responded. 0% of people said that the cost of living was affordable, with prices decreasing, while 100% of people said that the cost of living was very expensive and prices continue to rise.
Is Westmont 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 Westmont, the median home price is 69.5% higher than what most folks pay across the country, and monthly rent prices are 24.7% higher than the usual rates. Income levels in Westmont come in at $103,426, which is 27.2% higher than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Westmont, healthcare costs are 2.8% lower than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Westmont, the utilities index stands at 2% lower than the national average.
Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Westmont, the prevailing sales tax rate starts at 6.25%, and income tax rates kick off at 4.95%.
The Westmont cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for 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 | $153,010 | $12,751 | $3,570 | $4,591 |
| Renters | $67,940 | $5,662 | $1,585 | $2,038 |
| 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% |
| Robbins, IL | 5,241 | 89 | 10.5% |
| Merrionette Park, IL | 2,017 | 93 | 6.6% |
| Markham, IL | 12,759 | 94 | 5.7% |
| Westmont, IL | 25,356 | 116 | 16.3% |
| City | Population | Cost of Living Index | National Avg. |
| Candler-McAfee, GA | 25,351 | 97 | 3.2% |
| Denison, TX | 25,349 | 90 | 10.0% |
| Willowbrook, CA | 25,347 | 136 | 36.0% |
| Candiac, QC | 25,341 | n/a | |
| Inkster, MI | 25,333 | 82 | 17.5% |
| Westmont, IL | 25,356 | 116 | 16.3% |
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