Cost of living in Lyons 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 Lyons 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 Lyons is 102, with 100 being the average.
The cost of living index in Lyons is 1.0x higher than the national average.
Lyons ranks as the #180 cheapest in Illinois out of 338.
Lyons ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Lyons is $195,400.
The median income in Lyons is $67,807.
According to the most recent data on the cost of living, Lyons has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Illinois, Lyons has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Lyons ranks as #180 most affordable out of the 338 places we measured in Illinois. By definition, that implies Lyons ranks as the #158 most expensive place in the Prairie State.
For more reading on life in Lyons, check out:
Six factors go into calculating the cost of living index in Lyons. Here is how it fairs on each of the criteria:
The Services index in Lyons is 112.
The Groceries index in Lyons is 108.
The Health index in Lyons is 100.
The Housing index in Lyons is 90.
The Transportation index in Lyons is 115.
The Utilities index in Lyons is 92.
Living Expense | Lyons | Illinois | National Average | |
---|---|---|---|---|
Overall | 102 | 92 | 100 | |
Services | 112 | 95 | 100 | |
Groceries | 108 | 98 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 90 | 81 | 100 | |
Transportation | 115 | 105 | 100 | |
Utilities | 92 | 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 Lyons is $195,400.
The Median Rent in Lyons is $999.
The Median Income in Lyons is $67,807.
The Home Value To Income in Lyons is 2.9x.
The Rent To Monthly Income in Lyons is 0.18x.
Statistic | Lyons | Illinois | United States |
---|---|---|---|
Median Home Value | $195,400 | $212,600 | $244,900 |
Median Rent | $999 | $1,097 | $1,163 |
Median Income | $67,807 | $72,563 | $69,021 |
Home Value To Income | 2.9x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Lyons. Here's a quick look at the cost of living in the most populous nearby places:
Berwyn, IL has a cost of living index of 105, 1.0x Lyons.
Wheaton, IL has a cost of living index of 118, 1.2x Lyons.
Glenview, IL has a cost of living index of 147, 1.4x Lyons.
City | Population | Cost Of Living | Vs. Lyons |
---|---|---|---|
Berwyn, IL | 56,960 | 105 | 1.0x |
Wheaton, IL | 53,762 | 118 | 1.2x |
Glenview, IL | 48,150 | 147 | 1.4x |
Elmhurst, IL | 45,661 | 131 | 1.3x |
Park Ridge, IL | 39,562 | 131 | 1.3x |
Glen Ellyn, IL | 28,506 | 132 | 1.3x |
Wilmette, IL | 27,895 | 166 | 1.6x |
Brookfield, IL | 19,517 | 110 | 1.1x |
Hinsdale, IL | 17,148 | 193 | 1.9x |
La Grange, IL | 16,220 | 137 | 1.3x |