Crete, IL Cost Of Living
Cost Of Living In Crete, IL Summary
Cost of living in Crete 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 Crete 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 Crete is 98, with 100 being the average.
The cost of living index in Crete is 1.0x lower than the national average.
Crete ranks as the #152 cheapest in Illinois out of 338.
Crete ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Crete is $172,700.
The median income in Crete is $80,718.
Table Of Contents
Crete's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Crete, IL?
According to the most recent data on the cost of living, Crete has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Illinois, Crete has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Crete ranks as #152 most affordable out of the 338 places we measured in Illinois. By definition, that implies Crete ranks as the #186 most expensive place in the Prairie State.
For more reading on life in Crete, check out:
- Living In Crete
- Crete Crime Report
- Search Homes For Sale In Crete, IL
In Illinois
In America
Crete Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Crete. Here is how it fairs on each of the criteria:
The Services index in Crete is 97.
The Groceries index in Crete is 96.
The Health index in Crete is 108.
The Housing index in Crete is 95.
The Transportation index in Crete is 110.
The Utilities index in Crete is 87.
| Living Expense | Crete | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 98 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 95 | 81 | 100 | |
| Transportation | 110 | 105 | 100 | |
| Utilities | 87 | 90 | 100 | |
Crete, 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 Crete is $172,700.
The Median Rent in Crete is $1,111.
The Median Income in Crete is $80,718.
The Home Value To Income in Crete is 2.1x.
The Rent To Monthly Income in Crete is 0.17x.
| Statistic | Crete | Illinois | United States |
|---|---|---|---|
| Median Home Value | $172,700 | $212,600 | $244,900 |
| Median Rent | $1,111 | $1,097 | $1,163 |
| Median Income | $80,718 | $72,563 | $69,021 |
| Home Value To Income | 2.1x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Crete, IL Costs By Category
Detailed Crete Services Costs Vs. Illinois
Detailed Crete Groceries Costs Vs. Illinois
Detailed Crete Health Costs Vs. Illinois
Detailed Crete Transportation Costs Vs. Illinois
Detailed Crete Utilities Costs Vs. Illinois
Crete SnackAbility
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Cost Of Living In Cities Around Crete
The cost of living varies in the cities and towns around Crete. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 112, 1.1x Crete.
Tinley Park, IL has a cost of living index of 105, 1.1x Crete.
Chicago Heights, IL has a cost of living index of 90, 0.9x Crete.
| City | Population | Cost Of Living | Vs. Crete |
|---|---|---|---|
| Orland Park, IL | 58,622 | 112 | 1.1x |
| Tinley Park, IL | 55,988 | 105 | 1.1x |
| Chicago Heights, IL | 27,840 | 90 | 0.9x |
| Oak Forest, IL | 27,445 | 99 | 1.0x |
| New Lenox, IL | 26,942 | 110 | 1.1x |
| Park Forest, IL | 21,368 | 87 | 0.9x |
| Mokena, IL | 19,897 | 110 | 1.1x |
| Richton Park, IL | 12,867 | 95 | 1.0x |
| Palos Heights, IL | 12,116 | 124 | 1.3x |
| Worth, IL | 10,909 | 105 | 1.1x |
