Cost of living in Cicero 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 Cicero 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 Cicero is 98, with 100 being the average.
The cost of living index in Cicero is 1.0x lower than the national average.
Cicero ranks as the #152 cheapest in Illinois out of 338.
Cicero ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Cicero is $190,500.
The median income in Cicero is $58,433.
According to the most recent data on the cost of living, Cicero has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Illinois, Cicero has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Cicero ranks as #152 most affordable out of the 338 places we measured in Illinois. By definition, that implies Cicero ranks as the #186 most expensive place in the Prairie State.
For more reading on life in Cicero, check out:
Six factors go into calculating the cost of living index in Cicero. Here is how it fairs on each of the criteria:
The Services index in Cicero is 115.
The Groceries index in Cicero is 108.
The Health index in Cicero is 98.
The Housing index in Cicero is 75.
The Transportation index in Cicero is 113.
The Utilities index in Cicero is 95.
Living Expense | Cicero | Illinois | National Average | |
---|---|---|---|---|
Overall | 98 | 92 | 100 | |
Services | 115 | 95 | 100 | |
Groceries | 108 | 98 | 100 | |
Health | 98 | 96 | 100 | |
Housing | 75 | 81 | 100 | |
Transportation | 113 | 105 | 100 | |
Utilities | 95 | 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 Cicero is $190,500.
The Median Rent in Cicero is $1,015.
The Median Income in Cicero is $58,433.
The Home Value To Income in Cicero is 3.3x.
The Rent To Monthly Income in Cicero is 0.21x.
Statistic | Cicero | Illinois | United States |
---|---|---|---|
Median Home Value | $190,500 | $212,600 | $244,900 |
Median Rent | $1,015 | $1,097 | $1,163 |
Median Income | $58,433 | $72,563 | $69,021 |
Home Value To Income | 3.3x | 2.9x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Cicero. Here's a quick look at the cost of living in the most populous nearby places:
Chicago, IL has a cost of living index of 109, 1.1x Cicero.
Berwyn, IL has a cost of living index of 105, 1.1x Cicero.
Oak Park, IL has a cost of living index of 129, 1.3x Cicero.
City | Population | Cost Of Living | Vs. Cicero |
---|---|---|---|
Chicago, IL | 2,742,119 | 109 | 1.1x |
Berwyn, IL | 56,960 | 105 | 1.1x |
Oak Park, IL | 54,100 | 129 | 1.3x |
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 |
Glen Ellyn, IL | 28,506 | 132 | 1.3x |
Wilmette, IL | 27,895 | 166 | 1.7x |
Hinsdale, IL | 17,148 | 193 | 2.0x |