Lombard, IL Cost Of Living
Cost Of Living In Lombard, IL Summary
Cost of living in Lombard 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 Lombard 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 Lombard is 116, with 100 being the average.
The cost of living index in Lombard is 1.2x higher than the national average.
Lombard ranks as the #276 cheapest in Illinois out of 338.
Lombard ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Lombard is $272,400.
The median income in Lombard is $89,079.
Table Of Contents
Lombard's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lombard, IL?
According to the most recent data on the cost of living, Lombard has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Illinois, Lombard has a cost of living index that's 1.3x higher than Illinois's index of 92.
The standard of living in Lombard ranks as #276 most affordable out of the 338 places we measured in Illinois. By definition, that implies Lombard ranks as the #62 most expensive place in the Prairie State.
For more reading on life in Lombard, check out:
- Living In Lombard
- Lombard Crime Report
- Search Homes For Sale In Lombard, IL
In Illinois
In America
Lombard Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Lombard. Here is how it fairs on each of the criteria:
The Services index in Lombard is 115.
The Groceries index in Lombard is 108.
The Health index in Lombard is 98.
The Housing index in Lombard is 130.
The Transportation index in Lombard is 115.
The Utilities index in Lombard is 92.
| Living Expense | Lombard | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 116 | 92 | 100 | |
| Services | 115 | 95 | 100 | |
| Groceries | 108 | 98 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 130 | 81 | 100 | |
| Transportation | 115 | 105 | 100 | |
| Utilities | 92 | 90 | 100 | |
Lombard, 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 Lombard is $272,400.
The Median Rent in Lombard is $1,556.
The Median Income in Lombard is $89,079.
The Home Value To Income in Lombard is 3.1x.
The Rent To Monthly Income in Lombard is 0.21x.
| Statistic | Lombard | Illinois | United States |
|---|---|---|---|
| Median Home Value | $272,400 | $212,600 | $244,900 |
| Median Rent | $1,556 | $1,097 | $1,163 |
| Median Income | $89,079 | $72,563 | $69,021 |
| Home Value To Income | 3.1x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Lombard, IL Costs By Category
Detailed Lombard Services Costs Vs. Illinois
Detailed Lombard Groceries Costs Vs. Illinois
Detailed Lombard Health Costs Vs. Illinois
Detailed Lombard Transportation Costs Vs. Illinois
Detailed Lombard Utilities Costs Vs. Illinois
Lombard SnackAbility
/10
Cost Of Living In Cities Around Lombard
The cost of living varies in the cities and towns around Lombard. Here's a quick look at the cost of living in the most populous nearby places:
Arlington Heights, IL has a cost of living index of 125, 1.1x Lombard.
Wheaton, IL has a cost of living index of 118, 1.0x Lombard.
Downers Grove, IL has a cost of living index of 120, 1.0x Lombard.
| City | Population | Cost Of Living | Vs. Lombard |
|---|---|---|---|
| Arlington Heights, IL | 77,283 | 125 | 1.1x |
| Wheaton, IL | 53,762 | 118 | 1.0x |
| Downers Grove, IL | 50,209 | 120 | 1.0x |
| Glenview, IL | 48,150 | 147 | 1.3x |
| Elmhurst, IL | 45,661 | 131 | 1.1x |
| Park Ridge, IL | 39,562 | 131 | 1.1x |
| Addison, IL | 35,999 | 111 | 1.0x |
| Northbrook, IL | 35,108 | 156 | 1.3x |
| Glendale Heights, IL | 33,443 | 106 | 0.9x |
| Glen Ellyn, IL | 28,506 | 132 | 1.1x |
