Joliet, IL Cost Of Living
Cost Of Living In Joliet, IL Summary
Cost of living in Joliet 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 Joliet 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 Joliet is 96, with 100 being the average.
The cost of living index in Joliet is 1.0x lower than the national average.
Joliet ranks as the #134 cheapest in Illinois out of 338.
Joliet ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Joliet is $204,800.
The median income in Joliet is $77,373.
Table Of Contents
Joliet's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Joliet, IL?
According to the most recent data on the cost of living, Joliet has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Illinois, Joliet has a cost of living index that's 1.0x higher than Illinois's index of 92.
The standard of living in Joliet ranks as #134 most affordable out of the 338 places we measured in Illinois. By definition, that implies Joliet ranks as the #204 most expensive place in the Prairie State.
For more reading on life in Joliet, check out:
- Living In Joliet
- Joliet Crime Report
- Search Homes For Sale In Joliet, IL
In Illinois
In America
Joliet Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Joliet. Here is how it fairs on each of the criteria:
The Services index in Joliet is 98.
The Groceries index in Joliet is 94.
The Health index in Joliet is 111.
The Housing index in Joliet is 93.
The Transportation index in Joliet is 110.
The Utilities index in Joliet is 91.
| Living Expense | Joliet | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 96 | 92 | 100 | |
| Services | 98 | 95 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 111 | 96 | 100 | |
| Housing | 93 | 81 | 100 | |
| Transportation | 110 | 105 | 100 | |
| Utilities | 91 | 90 | 100 | |
Joliet, IL Housing Cost Breakdown
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 Joliet is $204,800.
The Median Rent in Joliet is $1,104.
The Median Income in Joliet is $77,373.
The Home Value To Income in Joliet is 2.6x.
The Rent To Monthly Income in Joliet is 0.17x.
| Statistic | Joliet | Illinois | United States |
|---|---|---|---|
| Median Home Value | $204,800 | $212,600 | $244,900 |
| Median Rent | $1,104 | $1,097 | $1,163 |
| Median Income | $77,373 | $72,563 | $69,021 |
| Home Value To Income | 2.6x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Joliet, IL Costs By Category
Detailed Joliet Services Costs Vs. Illinois
Detailed Joliet Groceries Costs Vs. Illinois
Detailed Joliet Health Costs Vs. Illinois
Detailed Joliet Transportation Costs Vs. Illinois
Detailed Joliet Utilities Costs Vs. Illinois
Joliet SnackAbility
/10
Cost Of Living In Cities Around Joliet
The cost of living varies in the cities and towns around Joliet. 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, 1.3x Joliet.
Orland Park, IL has a cost of living index of 112, 1.2x Joliet.
Tinley Park, IL has a cost of living index of 105, 1.1x Joliet.
| City | Population | Cost Of Living | Vs. Joliet |
|---|---|---|---|
| Naperville, IL | 149,013 | 125 | 1.3x |
| Orland Park, IL | 58,622 | 112 | 1.2x |
| Tinley Park, IL | 55,988 | 105 | 1.1x |
| Plainfield, IL | 44,296 | 115 | 1.2x |
| Romeoville, IL | 40,099 | 103 | 1.1x |
| Woodridge, IL | 34,161 | 110 | 1.1x |
| Lockport, IL | 26,070 | 104 | 1.1x |
| Lisle, IL | 23,982 | 117 | 1.2x |
| Darien, IL | 22,087 | 111 | 1.2x |
| Crest Hill, IL | 20,305 | 94 | 1.0x |
