Cost of living in Homer Glen 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 Homer Glen 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 Homer Glen is 120, with 100 being the average.
The cost of living index in Homer Glen is 1.2x higher than the national average.
Homer Glen ranks as the #291 cheapest in Illinois out of 338.
Homer Glen ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Homer Glen is $349,900.
The median income in Homer Glen is $120,306.
According to the most recent data on the cost of living, Homer Glen has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Illinois, Homer Glen has a cost of living index that's 1.3x higher than Illinois's index of 92.
The standard of living in Homer Glen ranks as #291 most affordable out of the 338 places we measured in Illinois. By definition, that implies Homer Glen ranks as the #47 most expensive place in the Prairie State.
For more reading on life in Homer Glen, check out:
Six factors go into calculating the cost of living index in Homer Glen. Here is how it fairs on each of the criteria:
The Services index in Homer Glen is 99.
The Groceries index in Homer Glen is 96.
The Health index in Homer Glen is 110.
The Housing index in Homer Glen is 171.
The Transportation index in Homer Glen is 111.
The Utilities index in Homer Glen is 88.
Living Expense | Homer Glen | Illinois | National Average | |
---|---|---|---|---|
Overall | 120 | 92 | 100 | |
Services | 99 | 95 | 100 | |
Groceries | 96 | 98 | 100 | |
Health | 110 | 96 | 100 | |
Housing | 171 | 81 | 100 | |
Transportation | 111 | 105 | 100 | |
Utilities | 88 | 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 Homer Glen is $349,900.
The Median Rent in Homer Glen is $1,205.
The Median Income in Homer Glen is $120,306.
The Home Value To Income in Homer Glen is 2.9x.
The Rent To Monthly Income in Homer Glen is 0.12x.
Statistic | Homer Glen | Illinois | United States |
---|---|---|---|
Median Home Value | $349,900 | $212,600 | $244,900 |
Median Rent | $1,205 | $1,097 | $1,163 |
Median Income | $120,306 | $72,563 | $69,021 |
Home Value To Income | 2.9x | 2.9x | 3.5x |
Rent To Monthly Income | 0.12x | 0.18x | 0.2x |
Item | Homer Glen | Illinois |
---|---|---|
Shampoo | $1.08 | $1.06 |
Movie | $10.54 | $10.68 |
Bowling | $15.5 | $14.67 |
Haircut | $20.12 | $18.62 |
Beauty Salon | $37.89 | $39.05 |
Item | Homer Glen | Illinois |
---|---|---|
Ground Beef | $4.97 | $4.22 |
Fried Chicken | $1.29 | $1.39 |
Milk | $1.69 | $2.05 |
Potatoes | $3.81 | $3.29 |
Pizza | $10.98 | $10.62 |
Beer | $8.53 | $9.38 |
Toothpaste | $2.73 | $2.34 |
Item | Homer Glen | Illinois |
---|---|---|
Optometrist | $107.11 | $108.57 |
Doctor | $157.4 | $116.17 |
Dentist | $103.57 | $99.13 |
Item | Homer Glen | Illinois |
---|---|---|
Gasoline | $2.4 | $2.22 |
Tire Balancing | $56.78 | $50.07 |
Item | Homer Glen | Illinois |
---|---|---|
All Electricity | $130.12 | $167.67 |
Phone | $191.29 | $175.64 |
The cost of living varies in the cities and towns around Homer Glen. Here's a quick look at the cost of living in the most populous nearby places:
Naperville, IL has a cost of living index of 125, 1.0x Homer Glen.
Orland Park, IL has a cost of living index of 112, 0.9x Homer Glen.
Wheaton, IL has a cost of living index of 118, 1.0x Homer Glen.
City | Population | Cost Of Living | Vs. Homer Glen |
---|---|---|---|
Naperville, IL | 149,013 | 125 | 1.0x |
Orland Park, IL | 58,622 | 112 | 0.9x |
Wheaton, IL | 53,762 | 118 | 1.0x |
Romeoville, IL | 40,099 | 103 | 0.9x |
Glen Ellyn, IL | 28,506 | 132 | 1.1x |
New Lenox, IL | 26,942 | 110 | 0.9x |
Lockport, IL | 26,070 | 104 | 0.9x |
Lisle, IL | 23,982 | 117 | 1.0x |
Darien, IL | 22,087 | 111 | 0.9x |
Mokena, IL | 19,897 | 110 | 0.9x |