Cost of living in Bradley 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 Bradley 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 Bradley is 91, with 100 being the average.
The cost of living index in Bradley is 0.9x lower than the national average.
Bradley ranks as the #101 cheapest in Illinois out of 338.
Bradley ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Bradley is $139,000.
The median income in Bradley is $57,958.
According to the most recent data on the cost of living, Bradley has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Illinois, Bradley has a cost of living index that's 1.0x lower than Illinois's index of 92.
The standard of living in Bradley ranks as #101 most affordable out of the 338 places we measured in Illinois. By definition, that implies Bradley ranks as the #237 most expensive place in the Prairie State.
For more reading on life in Bradley, check out:
Six factors go into calculating the cost of living index in Bradley. Here is how it fairs on each of the criteria:
The Services index in Bradley is 94.
The Groceries index in Bradley is 103.
The Health index in Bradley is 100.
The Housing index in Bradley is 80.
The Transportation index in Bradley is 110.
The Utilities index in Bradley is 90.
Living Expense | Bradley | Illinois | National Average | |
---|---|---|---|---|
Overall | 91 | 92 | 100 | |
Services | 94 | 95 | 100 | |
Groceries | 103 | 98 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 80 | 81 | 100 | |
Transportation | 110 | 105 | 100 | |
Utilities | 90 | 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 Bradley is $139,000.
The Median Rent in Bradley is $1,105.
The Median Income in Bradley is $57,958.
The Home Value To Income in Bradley is 2.4x.
The Rent To Monthly Income in Bradley is 0.23x.
Statistic | Bradley | Illinois | United States |
---|---|---|---|
Median Home Value | $139,000 | $212,600 | $244,900 |
Median Rent | $1,105 | $1,097 | $1,163 |
Median Income | $57,958 | $72,563 | $69,021 |
Home Value To Income | 2.4x | 2.9x | 3.5x |
Rent To Monthly Income | 0.23x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Bradley. Here's a quick look at the cost of living in the most populous nearby places:
Kankakee, IL has a cost of living index of 88, 1.0x Bradley.
Bourbonnais, IL has a cost of living index of 95, 1.0x Bradley.
Manhattan, IL has a cost of living index of 103, 1.1x Bradley.
City | Population | Cost Of Living | Vs. Bradley |
---|---|---|---|
Kankakee, IL | 24,903 | 88 | 1.0x |
Bourbonnais, IL | 18,959 | 95 | 1.0x |
Manhattan, IL | 9,366 | 103 | 1.1x |
Manteno, IL | 8,893 | 99 | 1.1x |
Monee, IL | 5,131 | 91 | 1.0x |