Cost of living in Huntley 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 Huntley 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 Huntley is 104, with 100 being the average.
The cost of living index in Huntley is 1.0x higher than the national average.
Huntley ranks as the #193 cheapest in Illinois out of 338.
Huntley ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Huntley is $270,800.
The median income in Huntley is $76,612.
According to the most recent data on the cost of living, Huntley has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Illinois, Huntley has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Huntley ranks as #193 most affordable out of the 338 places we measured in Illinois. By definition, that implies Huntley ranks as the #145 most expensive place in the Prairie State.
For more reading on life in Huntley, check out:
Six factors go into calculating the cost of living index in Huntley. Here is how it fairs on each of the criteria:
The Services index in Huntley is 97.
The Groceries index in Huntley is 94.
The Health index in Huntley is 109.
The Housing index in Huntley is 127.
The Transportation index in Huntley is 108.
The Utilities index in Huntley is 91.
Living Expense | Huntley | Illinois | National Average | |
---|---|---|---|---|
Overall | 104 | 92 | 100 | |
Services | 97 | 95 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 109 | 96 | 100 | |
Housing | 127 | 81 | 100 | |
Transportation | 108 | 105 | 100 | |
Utilities | 91 | 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 Huntley is $270,800.
The Median Rent in Huntley is $1,367.
The Median Income in Huntley is $76,612.
The Home Value To Income in Huntley is 3.5x.
The Rent To Monthly Income in Huntley is 0.21x.
Statistic | Huntley | Illinois | United States |
---|---|---|---|
Median Home Value | $270,800 | $212,600 | $244,900 |
Median Rent | $1,367 | $1,097 | $1,163 |
Median Income | $76,612 | $72,563 | $69,021 |
Home Value To Income | 3.5x | 2.9x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Huntley. Here's a quick look at the cost of living in the most populous nearby places:
Hoffman Estates, IL has a cost of living index of 118, 1.1x Huntley.
Bartlett, IL has a cost of living index of 117, 1.1x Huntley.
Crystal Lake, IL has a cost of living index of 103, 1.0x Huntley.
City | Population | Cost Of Living | Vs. Huntley |
---|---|---|---|
Hoffman Estates, IL | 52,153 | 118 | 1.1x |
Bartlett, IL | 41,126 | 117 | 1.1x |
Crystal Lake, IL | 40,082 | 103 | 1.0x |
Carpentersville, IL | 37,940 | 104 | 1.0x |
St. Charles, IL | 32,908 | 110 | 1.1x |
Algonquin, IL | 29,869 | 109 | 1.0x |
Lake in the Hills, IL | 29,024 | 106 | 1.0x |
Lake Zurich, IL | 19,807 | 125 | 1.2x |
Cary, IL | 17,919 | 110 | 1.1x |
Barrington, IL | 11,174 | 144 | 1.4x |