Carol Stream, IL Cost Of Living
Cost Of Living In Carol Stream, IL Summary
Cost of living in Carol Stream 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 Carol Stream 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 Carol Stream is 112, with 100 being the average.
The cost of living index in Carol Stream is 1.1x higher than the national average.
Carol Stream ranks as the #255 cheapest in Illinois out of 338.
Carol Stream ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Carol Stream is $265,600.
The median income in Carol Stream is $95,342.
Table Of Contents
Carol Stream's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Carol Stream, IL?
According to the most recent data on the cost of living, Carol Stream has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Illinois, Carol Stream has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Carol Stream ranks as #255 most affordable out of the 338 places we measured in Illinois. By definition, that implies Carol Stream ranks as the #83 most expensive place in the Prairie State.
For more reading on life in Carol Stream, check out:
- Living In Carol Stream
- Carol Stream Crime Report
- Search Homes For Sale In Carol Stream, IL
In Illinois
In America
Carol Stream Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Carol Stream. Here is how it fairs on each of the criteria:
The Services index in Carol Stream is 113.
The Groceries index in Carol Stream is 108.
The Health index in Carol Stream is 101.
The Housing index in Carol Stream is 119.
The Transportation index in Carol Stream is 113.
The Utilities index in Carol Stream is 91.
| Living Expense | Carol Stream | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 112 | 92 | 100 | |
| Services | 113 | 95 | 100 | |
| Groceries | 108 | 98 | 100 | |
| Health | 101 | 96 | 100 | |
| Housing | 119 | 81 | 100 | |
| Transportation | 113 | 105 | 100 | |
| Utilities | 91 | 90 | 100 | |
Carol Stream, 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 Carol Stream is $265,600.
The Median Rent in Carol Stream is $1,327.
The Median Income in Carol Stream is $95,342.
The Home Value To Income in Carol Stream is 2.8x.
The Rent To Monthly Income in Carol Stream is 0.17x.
| Statistic | Carol Stream | Illinois | United States |
|---|---|---|---|
| Median Home Value | $265,600 | $212,600 | $244,900 |
| Median Rent | $1,327 | $1,097 | $1,163 |
| Median Income | $95,342 | $72,563 | $69,021 |
| Home Value To Income | 2.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Carol Stream, IL Costs By Category
Detailed Carol Stream Services Costs Vs. Illinois
| Item | Carol Stream | 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 Carol Stream Groceries Costs Vs. Illinois
| Item | Carol Stream | 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 Carol Stream Health Costs Vs. Illinois
| Item | Carol Stream | Illinois |
|---|---|---|
| Optometrist | $96.76 | $108.57 |
| Doctor | $104.96 | $116.17 |
| Dentist | $101.82 | $99.13 |
Detailed Carol Stream Transportation Costs Vs. Illinois
| Item | Carol Stream | Illinois |
|---|---|---|
| Gasoline | $2.51 | $2.22 |
| Tire Balancing | $56.85 | $50.07 |
Detailed Carol Stream Utilities Costs Vs. Illinois
| Item | Carol Stream | Illinois |
|---|---|---|
| All Electricity | $131.89 | $167.67 |
| Phone | $203.16 | $175.64 |
Carol Stream SnackAbility
/10
Cost Of Living In Cities Around Carol Stream
The cost of living varies in the cities and towns around Carol Stream. 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, 1.1x Carol Stream.
Glenview, IL has a cost of living index of 147, 1.3x Carol Stream.
Elmhurst, IL has a cost of living index of 131, 1.2x Carol Stream.
| City | Population | Cost Of Living | Vs. Carol Stream |
|---|---|---|---|
| Wheaton, IL | 53,762 | 118 | 1.1x |
| Glenview, IL | 48,150 | 147 | 1.3x |
| Elmhurst, IL | 45,661 | 131 | 1.2x |
| Buffalo Grove, IL | 43,062 | 121 | 1.1x |
| Park Ridge, IL | 39,562 | 131 | 1.2x |
| Hanover Park, IL | 37,545 | 107 | 1.0x |
| Addison, IL | 35,999 | 111 | 1.0x |
| Glendale Heights, IL | 33,443 | 106 | 0.9x |
| Glen Ellyn, IL | 28,506 | 132 | 1.2x |
| West Chicago, IL | 25,881 | 107 | 1.0x |
