Cost of living in Harwood Heights 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 Harwood Heights 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 Harwood Heights is 111, with 100 being the average.
The cost of living index in Harwood Heights is 1.1x higher than the national average.
Harwood Heights ranks as the #249 cheapest in Illinois out of 338.
Harwood Heights ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Harwood Heights is $297,000.
The median income in Harwood Heights is $74,577.
According to the most recent data on the cost of living, Harwood Heights has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Illinois, Harwood Heights has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Harwood Heights ranks as #249 most affordable out of the 338 places we measured in Illinois. By definition, that implies Harwood Heights ranks as the #89 most expensive place in the Prairie State.
For more reading on life in Harwood Heights, check out:
Six factors go into calculating the cost of living index in Harwood Heights. Here is how it fairs on each of the criteria:
The Services index in Harwood Heights is 115.
The Groceries index in Harwood Heights is 108.
The Health index in Harwood Heights is 97.
The Housing index in Harwood Heights is 121.
The Transportation index in Harwood Heights is 115.
The Utilities index in Harwood Heights is 93.
Living Expense | Harwood Heights | Illinois | National Average | |
---|---|---|---|---|
Overall | 111 | 92 | 100 | |
Services | 115 | 95 | 100 | |
Groceries | 108 | 98 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 121 | 81 | 100 | |
Transportation | 115 | 105 | 100 | |
Utilities | 93 | 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 Harwood Heights is $297,000.
The Median Rent in Harwood Heights is $1,099.
The Median Income in Harwood Heights is $74,577.
The Home Value To Income in Harwood Heights is 4.0x.
The Rent To Monthly Income in Harwood Heights is 0.18x.
Statistic | Harwood Heights | Illinois | United States |
---|---|---|---|
Median Home Value | $297,000 | $212,600 | $244,900 |
Median Rent | $1,099 | $1,097 | $1,163 |
Median Income | $74,577 | $72,563 | $69,021 |
Home Value To Income | 4.0x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Harwood Heights | Illinois |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $14.85 | $10.68 |
Bowling | $15.76 | $14.67 |
Haircut | $27.76 | $18.62 |
Beauty Salon | $65.57 | $39.05 |
Item | Harwood Heights | Illinois |
---|---|---|
Ground Beef | $4.87 | $4.22 |
Fried Chicken | $1.99 | $1.39 |
Milk | $2.42 | $2.05 |
Potatoes | $3.23 | $3.29 |
Pizza | $12.0 | $10.62 |
Beer | $8.61 | $9.38 |
Toothpaste | $2.46 | $2.34 |
Item | Harwood Heights | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Harwood Heights | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Harwood Heights | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Harwood Heights. Here's a quick look at the cost of living in the most populous nearby places:
Glenview, IL has a cost of living index of 147, 1.3x Harwood Heights.
Elmhurst, IL has a cost of living index of 131, 1.2x Harwood Heights.
Buffalo Grove, IL has a cost of living index of 121, 1.1x Harwood Heights.
City | Population | Cost Of Living | Vs. Harwood Heights |
---|---|---|---|
Glenview, IL | 48,150 | 147 | 1.3x |
Elmhurst, IL | 45,661 | 131 | 1.2x |
Buffalo Grove, IL | 43,062 | 121 | 1.1x |
Park Ridge, IL | 39,562 | 131 | 1.2x |
Northbrook, IL | 35,108 | 156 | 1.4x |
Niles, IL | 30,971 | 117 | 1.1x |
Highland Park, IL | 30,245 | 152 | 1.4x |
Wilmette, IL | 27,895 | 166 | 1.5x |
Elmwood Park, IL | 24,517 | 112 | 1.0x |
Deerfield, IL | 19,228 | 150 | 1.4x |