Cost of living in Dolton 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 Dolton 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 Dolton is 99, with 100 being the average.
The cost of living index in Dolton is 1.0x lower than the national average.
Dolton ranks as the #163 cheapest in Illinois out of 338.
Dolton ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Dolton is $113,600.
The median income in Dolton is $53,047.
According to the most recent data on the cost of living, Dolton has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Illinois, Dolton has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Dolton ranks as #163 most affordable out of the 338 places we measured in Illinois. By definition, that implies Dolton ranks as the #175 most expensive place in the Prairie State.
For more reading on life in Dolton, check out:
Six factors go into calculating the cost of living index in Dolton. Here is how it fairs on each of the criteria:
The Services index in Dolton is 113.
The Groceries index in Dolton is 106.
The Health index in Dolton is 97.
The Housing index in Dolton is 70.
The Transportation index in Dolton is 113.
The Utilities index in Dolton is 95.
Living Expense | Dolton | Illinois | National Average | |
---|---|---|---|---|
Overall | 99 | 92 | 100 | |
Services | 113 | 95 | 100 | |
Groceries | 106 | 98 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 70 | 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 Dolton is $113,600.
The Median Rent in Dolton is $1,315.
The Median Income in Dolton is $53,047.
The Home Value To Income in Dolton is 2.1x.
The Rent To Monthly Income in Dolton is 0.3x.
Statistic | Dolton | Illinois | United States |
---|---|---|---|
Median Home Value | $113,600 | $212,600 | $244,900 |
Median Rent | $1,315 | $1,097 | $1,163 |
Median Income | $53,047 | $72,563 | $69,021 |
Home Value To Income | 2.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.3x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Dolton. 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 Dolton.
Tinley Park, IL has a cost of living index of 105, 1.1x Dolton.
South Holland, IL has a cost of living index of 106, 1.1x Dolton.
City | Population | Cost Of Living | Vs. Dolton |
---|---|---|---|
Orland Park, IL | 58,622 | 112 | 1.1x |
Tinley Park, IL | 55,988 | 105 | 1.1x |
South Holland, IL | 21,524 | 106 | 1.1x |
Harvey, IL | 20,751 | 91 | 0.9x |
La Grange, IL | 16,220 | 137 | 1.4x |
Western Springs, IL | 13,550 | 153 | 1.5x |
La Grange Park, IL | 13,501 | 123 | 1.2x |
Palos Heights, IL | 12,116 | 124 | 1.3x |
Burr Ridge, IL | 11,167 | 165 | 1.7x |
Riverdale, IL | 10,909 | 94 | 0.9x |