Cost of living in Flossmoor 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 Flossmoor 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 Flossmoor is 113, with 100 being the average.
The cost of living index in Flossmoor is 1.1x higher than the national average.
Flossmoor ranks as the #262 cheapest in Illinois out of 338.
Flossmoor ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Flossmoor is $258,300.
The median income in Flossmoor is $126,085.
According to the most recent data on the cost of living, Flossmoor has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Illinois, Flossmoor has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Flossmoor ranks as #262 most affordable out of the 338 places we measured in Illinois. By definition, that implies Flossmoor ranks as the #76 most expensive place in the Prairie State.
For more reading on life in Flossmoor, check out:
Six factors go into calculating the cost of living index in Flossmoor. Here is how it fairs on each of the criteria:
The Services index in Flossmoor is 97.
The Groceries index in Flossmoor is 94.
The Health index in Flossmoor is 111.
The Housing index in Flossmoor is 148.
The Transportation index in Flossmoor is 111.
The Utilities index in Flossmoor is 90.
Living Expense | Flossmoor | Illinois | National Average | |
---|---|---|---|---|
Overall | 113 | 92 | 100 | |
Services | 97 | 95 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 111 | 96 | 100 | |
Housing | 148 | 81 | 100 | |
Transportation | 111 | 105 | 100 | |
Utilities | 90 | 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 Flossmoor is $258,300.
The Median Rent in Flossmoor is $2,108.
The Median Income in Flossmoor is $126,085.
The Home Value To Income in Flossmoor is 2.0x.
The Rent To Monthly Income in Flossmoor is 0.2x.
Statistic | Flossmoor | Illinois | United States |
---|---|---|---|
Median Home Value | $258,300 | $212,600 | $244,900 |
Median Rent | $2,108 | $1,097 | $1,163 |
Median Income | $126,085 | $72,563 | $69,021 |
Home Value To Income | 2.0x | 2.9x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Flossmoor. 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, 1.0x Flossmoor.
Tinley Park, IL has a cost of living index of 105, 0.9x Flossmoor.
Chicago Heights, IL has a cost of living index of 90, 0.8x Flossmoor.
City | Population | Cost Of Living | Vs. Flossmoor |
---|---|---|---|
Orland Park, IL | 58,622 | 112 | 1.0x |
Tinley Park, IL | 55,988 | 105 | 0.9x |
Chicago Heights, IL | 27,840 | 90 | 0.8x |
Oak Forest, IL | 27,445 | 99 | 0.9x |
Park Forest, IL | 21,368 | 87 | 0.8x |
Mokena, IL | 19,897 | 110 | 1.0x |
Homewood, IL | 19,716 | 98 | 0.9x |
Matteson, IL | 19,047 | 99 | 0.9x |
Lemont, IL | 17,535 | 118 | 1.0x |
Country Club Hills, IL | 16,746 | 97 | 0.9x |