Cost of living in Harvey 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 Harvey 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 Harvey is 91, with 100 being the average.
The cost of living index in Harvey is 0.9x lower than the national average.
Harvey ranks as the #101 cheapest in Illinois out of 338.
Harvey ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Harvey is $75,700.
The median income in Harvey is $35,572.
According to the most recent data on the cost of living, Harvey has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Illinois, Harvey has a cost of living index that's 1.0x lower than Illinois's index of 92.
The standard of living in Harvey ranks as #101 most affordable out of the 338 places we measured in Illinois. By definition, that implies Harvey ranks as the #237 most expensive place in the Prairie State.
For more reading on life in Harvey, check out:
Six factors go into calculating the cost of living index in Harvey. Here is how it fairs on each of the criteria:
The Services index in Harvey is 113.
The Groceries index in Harvey is 107.
The Health index in Harvey is 98.
The Housing index in Harvey is 53.
The Transportation index in Harvey is 116.
The Utilities index in Harvey is 94.
Living Expense | Harvey | Illinois | National Average | |
---|---|---|---|---|
Overall | 91 | 92 | 100 | |
Services | 113 | 95 | 100 | |
Groceries | 107 | 98 | 100 | |
Health | 98 | 96 | 100 | |
Housing | 53 | 81 | 100 | |
Transportation | 116 | 105 | 100 | |
Utilities | 94 | 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 Harvey is $75,700.
The Median Rent in Harvey is $914.
The Median Income in Harvey is $35,572.
The Home Value To Income in Harvey is 2.1x.
The Rent To Monthly Income in Harvey is 0.31x.
Statistic | Harvey | Illinois | United States |
---|---|---|---|
Median Home Value | $75,700 | $212,600 | $244,900 |
Median Rent | $914 | $1,097 | $1,163 |
Median Income | $35,572 | $72,563 | $69,021 |
Home Value To Income | 2.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.31x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Harvey. 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, 1.2x Harvey.
Tinley Park, IL has a cost of living index of 105, 1.2x Harvey.
Darien, IL has a cost of living index of 111, 1.2x Harvey.
City | Population | Cost Of Living | Vs. Harvey |
---|---|---|---|
Orland Park, IL | 58,622 | 112 | 1.2x |
Tinley Park, IL | 55,988 | 105 | 1.2x |
Darien, IL | 22,087 | 111 | 1.2x |
Dolton, IL | 21,588 | 99 | 1.1x |
South Holland, IL | 21,524 | 106 | 1.2x |
Lemont, IL | 17,535 | 118 | 1.3x |
Hinsdale, IL | 17,148 | 193 | 2.1x |
La Grange, IL | 16,220 | 137 | 1.5x |
Hazel Crest, IL | 13,727 | 94 | 1.0x |
Western Springs, IL | 13,550 | 153 | 1.7x |