Alsip, IL Cost Of Living
Cost Of Living In Alsip, IL Summary
Cost of living in Alsip research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Alsip is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Alsip is 104, with 100 being the average.
The cost of living index in Alsip is 1.0x higher than the national average.
Alsip ranks as the #193 cheapest in Illinois out of 338.
Alsip ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Alsip is $172,000.
The median income in Alsip is $59,123.
Table Of Contents
Alsip's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Alsip, IL?
According to the most recent data on the cost of living, Alsip has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Illinois, Alsip has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Alsip ranks as #193 most affordable out of the 338 places we measured in Illinois. By definition, that implies Alsip ranks as the #145 most expensive place in the Prairie State.
For more reading on life in Alsip, check out:
- Living In Alsip
- Alsip Crime Report
- Search Homes For Sale In Alsip, IL
In Illinois
In America
Alsip Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Alsip. Here is how it fairs on each of the criteria:
The Services index in Alsip is 115.
The Groceries index in Alsip is 108.
The Health index in Alsip is 97.
The Housing index in Alsip is 91.
The Transportation index in Alsip is 112.
The Utilities index in Alsip is 92.
| Living Expense | Alsip | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 104 | 92 | 100 | |
| Services | 115 | 95 | 100 | |
| Groceries | 108 | 98 | 100 | |
| Health | 97 | 96 | 100 | |
| Housing | 91 | 81 | 100 | |
| Transportation | 112 | 105 | 100 | |
| Utilities | 92 | 90 | 100 | |
Alsip, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Alsip is $172,000.
The Median Rent in Alsip is $990.
The Median Income in Alsip is $59,123.
The Home Value To Income in Alsip is 2.9x.
The Rent To Monthly Income in Alsip is 0.2x.
| Statistic | Alsip | Illinois | United States |
|---|---|---|---|
| Median Home Value | $172,000 | $212,600 | $244,900 |
| Median Rent | $990 | $1,097 | $1,163 |
| Median Income | $59,123 | $72,563 | $69,021 |
| Home Value To Income | 2.9x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Alsip, IL Costs By Category
Detailed Alsip Services Costs Vs. Illinois
Detailed Alsip Groceries Costs Vs. Illinois
Detailed Alsip Health Costs Vs. Illinois
Detailed Alsip Transportation Costs Vs. Illinois
Detailed Alsip Utilities Costs Vs. Illinois
Alsip SnackAbility
/10
Cost Of Living In Cities Around Alsip
The cost of living varies in the cities and towns around Alsip. Here's a quick look at the cost of living in the most populous nearby places:
Oak Lawn, IL has a cost of living index of 106, 1.0x Alsip.
Tinley Park, IL has a cost of living index of 105, 1.0x Alsip.
Downers Grove, IL has a cost of living index of 120, 1.2x Alsip.
| City | Population | Cost Of Living | Vs. Alsip |
|---|---|---|---|
| Oak Lawn, IL | 58,032 | 106 | 1.0x |
| Tinley Park, IL | 55,988 | 105 | 1.0x |
| Downers Grove, IL | 50,209 | 120 | 1.2x |
| Elmhurst, IL | 45,661 | 131 | 1.3x |
| Lisle, IL | 23,982 | 117 | 1.1x |
| Blue Island, IL | 22,934 | 96 | 0.9x |
| Darien, IL | 22,087 | 111 | 1.1x |
| Hinsdale, IL | 17,148 | 193 | 1.9x |
| La Grange, IL | 16,220 | 137 | 1.3x |
| Chicago Ridge, IL | 14,413 | 101 | 1.0x |
