Cost of living in Bloomingdale 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 Bloomingdale 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 Bloomingdale is 119, with 100 being the average.
The cost of living index in Bloomingdale is 1.2x higher than the national average.
Bloomingdale ranks as the #289 cheapest in Illinois out of 338.
Bloomingdale ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Bloomingdale is $314,700.
The median income in Bloomingdale is $87,324.
According to the most recent data on the cost of living, Bloomingdale has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Illinois, Bloomingdale has a cost of living index that's 1.3x higher than Illinois's index of 92.
The standard of living in Bloomingdale ranks as #289 most affordable out of the 338 places we measured in Illinois. By definition, that implies Bloomingdale ranks as the #49 most expensive place in the Prairie State.
For more reading on life in Bloomingdale, check out:
Six factors go into calculating the cost of living index in Bloomingdale. Here is how it fairs on each of the criteria:
The Services index in Bloomingdale is 116.
The Groceries index in Bloomingdale is 108.
The Health index in Bloomingdale is 100.
The Housing index in Bloomingdale is 142.
The Transportation index in Bloomingdale is 116.
The Utilities index in Bloomingdale is 94.
Living Expense | Bloomingdale | Illinois | National Average | |
---|---|---|---|---|
Overall | 119 | 92 | 100 | |
Services | 116 | 95 | 100 | |
Groceries | 108 | 98 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 142 | 81 | 100 | |
Transportation | 116 | 105 | 100 | |
Utilities | 94 | 90 | 100 |
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 Bloomingdale is $314,700.
The Median Rent in Bloomingdale is $1,397.
The Median Income in Bloomingdale is $87,324.
The Home Value To Income in Bloomingdale is 3.6x.
The Rent To Monthly Income in Bloomingdale is 0.19x.
Statistic | Bloomingdale | Illinois | United States |
---|---|---|---|
Median Home Value | $314,700 | $212,600 | $244,900 |
Median Rent | $1,397 | $1,097 | $1,163 |
Median Income | $87,324 | $72,563 | $69,021 |
Home Value To Income | 3.6x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Item | Bloomingdale | 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 |
Item | Bloomingdale | 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 |
Item | Bloomingdale | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Bloomingdale | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Bloomingdale | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Bloomingdale. Here's a quick look at the cost of living in the most populous nearby places:
Schaumburg, IL has a cost of living index of 117, 1.0x Bloomingdale.
Glenview, IL has a cost of living index of 147, 1.2x Bloomingdale.
Elmhurst, IL has a cost of living index of 131, 1.1x Bloomingdale.
City | Population | Cost Of Living | Vs. Bloomingdale |
---|---|---|---|
Schaumburg, IL | 78,053 | 117 | 1.0x |
Glenview, IL | 48,150 | 147 | 1.2x |
Elmhurst, IL | 45,661 | 131 | 1.1x |
Buffalo Grove, IL | 43,062 | 121 | 1.0x |
Carol Stream, IL | 39,895 | 112 | 0.9x |
Park Ridge, IL | 39,562 | 131 | 1.1x |
Hanover Park, IL | 37,545 | 107 | 0.9x |
Addison, IL | 35,999 | 111 | 0.9x |
Northbrook, IL | 35,108 | 156 | 1.3x |
Glendale Heights, IL | 33,443 | 106 | 0.9x |