Broadview, IL Cost Of Living
Cost Of Living In Broadview, IL Summary
Cost of living in Broadview 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 Broadview 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 Broadview is 100, with 100 being the average.
The cost of living index in Broadview is 1.0x lower than the national average.
Broadview ranks as the #170 cheapest in Illinois out of 338.
Broadview ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Broadview is $177,800.
The median income in Broadview is $56,798.
Table Of Contents
Broadview's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Broadview, IL?
According to the most recent data on the cost of living, Broadview has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Illinois, Broadview has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Broadview ranks as #170 most affordable out of the 338 places we measured in Illinois. By definition, that implies Broadview ranks as the #168 most expensive place in the Prairie State.
For more reading on life in Broadview, check out:
- Living In Broadview
- Broadview Crime Report
- Search Homes For Sale In Broadview, IL
In Illinois
In America
Broadview Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Broadview. Here is how it fairs on each of the criteria:
The Services index in Broadview is 114.
The Groceries index in Broadview is 108.
The Health index in Broadview is 100.
The Housing index in Broadview is 80.
The Transportation index in Broadview is 112.
The Utilities index in Broadview is 95.
| Living Expense | Broadview | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 100 | 92 | 100 | |
| Services | 114 | 95 | 100 | |
| Groceries | 108 | 98 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 80 | 81 | 100 | |
| Transportation | 112 | 105 | 100 | |
| Utilities | 95 | 90 | 100 | |
Broadview, 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 Broadview is $177,800.
The Median Rent in Broadview is $1,028.
The Median Income in Broadview is $56,798.
The Home Value To Income in Broadview is 3.1x.
The Rent To Monthly Income in Broadview is 0.22x.
| Statistic | Broadview | Illinois | United States |
|---|---|---|---|
| Median Home Value | $177,800 | $212,600 | $244,900 |
| Median Rent | $1,028 | $1,097 | $1,163 |
| Median Income | $56,798 | $72,563 | $69,021 |
| Home Value To Income | 3.1x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Broadview, IL Costs By Category
Detailed Broadview Services Costs Vs. Illinois
Detailed Broadview Groceries Costs Vs. Illinois
Detailed Broadview Health Costs Vs. Illinois
Detailed Broadview Transportation Costs Vs. Illinois
Detailed Broadview Utilities Costs Vs. Illinois
Broadview SnackAbility
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Cost Of Living In Cities Around Broadview
The cost of living varies in the cities and towns around Broadview. Here's a quick look at the cost of living in the most populous nearby places:
Wheaton, IL has a cost of living index of 118, 1.2x Broadview.
Glenview, IL has a cost of living index of 147, 1.5x Broadview.
Elmhurst, IL has a cost of living index of 131, 1.3x Broadview.
| City | Population | Cost Of Living | Vs. Broadview |
|---|---|---|---|
| Wheaton, IL | 53,762 | 118 | 1.2x |
| Glenview, IL | 48,150 | 147 | 1.5x |
| Elmhurst, IL | 45,661 | 131 | 1.3x |
| Park Ridge, IL | 39,562 | 131 | 1.3x |
| Northbrook, IL | 35,108 | 156 | 1.6x |
| Glen Ellyn, IL | 28,506 | 132 | 1.3x |
| Wilmette, IL | 27,895 | 166 | 1.7x |
| Melrose Park, IL | 25,417 | 105 | 1.1x |
| Maywood, IL | 23,547 | 98 | 1.0x |
| Brookfield, IL | 19,517 | 110 | 1.1x |
