Beach Park, IL Cost Of Living
Cost Of Living In Beach Park, IL Summary
Cost of living in Beach Park 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 Beach Park 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 Beach Park is 108, with 100 being the average.
The cost of living index in Beach Park is 1.1x higher than the national average.
Beach Park ranks as the #231 cheapest in Illinois out of 338.
Beach Park ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Beach Park is $173,700.
The median income in Beach Park is $75,968.
Table Of Contents
Beach Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Beach Park, IL?
According to the most recent data on the cost of living, Beach Park has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Illinois, Beach Park has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Beach Park ranks as #231 most affordable out of the 338 places we measured in Illinois. By definition, that implies Beach Park ranks as the #107 most expensive place in the Prairie State.
For more reading on life in Beach Park, check out:
- Living In Beach Park
- Search Homes For Sale In Beach Park, IL
In Illinois
In America
Beach Park Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Beach Park. Here is how it fairs on each of the criteria:
The Services index in Beach Park is 116.
The Groceries index in Beach Park is 109.
The Health index in Beach Park is 100.
The Housing index in Beach Park is 98.
The Transportation index in Beach Park is 116.
The Utilities index in Beach Park is 92.
| Living Expense | Beach Park | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 108 | 92 | 100 | |
| Services | 116 | 95 | 100 | |
| Groceries | 109 | 98 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 98 | 81 | 100 | |
| Transportation | 116 | 105 | 100 | |
| Utilities | 92 | 90 | 100 | |
Beach Park, 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 Beach Park is $173,700.
The Median Rent in Beach Park is $996.
The Median Income in Beach Park is $75,968.
The Home Value To Income in Beach Park is 2.3x.
The Rent To Monthly Income in Beach Park is 0.16x.
| Statistic | Beach Park | Illinois | United States |
|---|---|---|---|
| Median Home Value | $173,700 | $212,600 | $244,900 |
| Median Rent | $996 | $1,097 | $1,163 |
| Median Income | $75,968 | $72,563 | $69,021 |
| Home Value To Income | 2.3x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Beach Park, IL Costs By Category
Detailed Beach Park Services Costs Vs. Illinois
| Item | Beach Park | Illinois |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $14.85 | $10.68 |
| Bowling | $15.76 | $14.67 |
| Haircut | $27.76 | $18.62 |
| Beauty Salon | $65.57 | $39.05 |
Detailed Beach Park Groceries Costs Vs. Illinois
| Item | Beach Park | Illinois |
|---|---|---|
| Ground Beef | $4.87 | $4.22 |
| Fried Chicken | $1.99 | $1.39 |
| Milk | $2.42 | $2.05 |
| Potatoes | $3.23 | $3.29 |
| Pizza | $12.0 | $10.62 |
| Beer | $8.61 | $9.38 |
| Toothpaste | $2.46 | $2.34 |
Detailed Beach Park Health Costs Vs. Illinois
| Item | Beach Park | Illinois |
|---|---|---|
| Optometrist | $96.76 | $108.57 |
| Doctor | $104.96 | $116.17 |
| Dentist | $101.82 | $99.13 |
Detailed Beach Park Transportation Costs Vs. Illinois
| Item | Beach Park | Illinois |
|---|---|---|
| Gasoline | $2.51 | $2.22 |
| Tire Balancing | $56.85 | $50.07 |
Detailed Beach Park Utilities Costs Vs. Illinois
| Item | Beach Park | Illinois |
|---|---|---|
| All Electricity | $131.89 | $167.67 |
| Phone | $203.16 | $175.64 |
Beach Park SnackAbility
/10
Cost Of Living In Cities Around Beach Park
The cost of living varies in the cities and towns around Beach Park. Here's a quick look at the cost of living in the most populous nearby places:
Waukegan, IL has a cost of living index of 98, 0.9x Beach Park.
Buffalo Grove, IL has a cost of living index of 121, 1.1x Beach Park.
Gurnee, IL has a cost of living index of 117, 1.1x Beach Park.
| City | Population | Cost Of Living | Vs. Beach Park |
|---|---|---|---|
| Waukegan, IL | 89,751 | 98 | 0.9x |
| Buffalo Grove, IL | 43,062 | 121 | 1.1x |
| Gurnee, IL | 30,826 | 117 | 1.1x |
| Highland Park, IL | 30,245 | 152 | 1.4x |
| Vernon Hills, IL | 26,723 | 126 | 1.2x |
| Zion, IL | 24,660 | 88 | 0.8x |
| Pleasant Prairie, WI | 21,193 | 101 | 0.9x |
| Libertyville, IL | 20,616 | 134 | 1.2x |
| Deerfield, IL | 19,228 | 150 | 1.4x |
| Lindenhurst, IL | 14,453 | 113 | 1.0x |
