Matteson, IL Cost Of Living
Cost Of Living In Matteson, IL Summary
Cost of living in Matteson 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 Matteson 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 Matteson is 99, with 100 being the average.
The cost of living index in Matteson is 1.0x lower than the national average.
Matteson ranks as the #163 cheapest in Illinois out of 338.
Matteson ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Matteson is $188,400.
The median income in Matteson is $85,332.
Table Of Contents
Matteson's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Matteson, IL?
According to the most recent data on the cost of living, Matteson has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Illinois, Matteson has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Matteson ranks as #163 most affordable out of the 338 places we measured in Illinois. By definition, that implies Matteson ranks as the #175 most expensive place in the Prairie State.
For more reading on life in Matteson, check out:
- Living In Matteson
- Matteson Crime Report
- Search Homes For Sale In Matteson, IL
In Illinois
In America
Matteson Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Matteson. Here is how it fairs on each of the criteria:
The Services index in Matteson is 97.
The Groceries index in Matteson is 97.
The Health index in Matteson is 111.
The Housing index in Matteson is 98.
The Transportation index in Matteson is 111.
The Utilities index in Matteson is 87.
| Living Expense | Matteson | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 99 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 97 | 98 | 100 | |
| Health | 111 | 96 | 100 | |
| Housing | 98 | 81 | 100 | |
| Transportation | 111 | 105 | 100 | |
| Utilities | 87 | 90 | 100 | |
Matteson, 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 Matteson is $188,400.
The Median Rent in Matteson is $1,289.
The Median Income in Matteson is $85,332.
The Home Value To Income in Matteson is 2.2x.
The Rent To Monthly Income in Matteson is 0.18x.
| Statistic | Matteson | Illinois | United States |
|---|---|---|---|
| Median Home Value | $188,400 | $212,600 | $244,900 |
| Median Rent | $1,289 | $1,097 | $1,163 |
| Median Income | $85,332 | $72,563 | $69,021 |
| Home Value To Income | 2.2x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Matteson, IL Costs By Category
Detailed Matteson Services Costs Vs. Illinois
Detailed Matteson Groceries Costs Vs. Illinois
Detailed Matteson Health Costs Vs. Illinois
Detailed Matteson Transportation Costs Vs. Illinois
Detailed Matteson Utilities Costs Vs. Illinois
Matteson SnackAbility
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Cost Of Living In Cities Around Matteson
The cost of living varies in the cities and towns around Matteson. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 112, 1.1x Matteson.
Tinley Park, IL has a cost of living index of 105, 1.1x Matteson.
Oak Forest, IL has a cost of living index of 99, 1.0x Matteson.
| City | Population | Cost Of Living | Vs. Matteson |
|---|---|---|---|
| Orland Park, IL | 58,622 | 112 | 1.1x |
| Tinley Park, IL | 55,988 | 105 | 1.1x |
| Oak Forest, IL | 27,445 | 99 | 1.0x |
| Park Forest, IL | 21,368 | 87 | 0.9x |
| Frankfort, IL | 20,040 | 126 | 1.3x |
| Lemont, IL | 17,535 | 118 | 1.2x |
| Country Club Hills, IL | 16,746 | 97 | 1.0x |
| Hazel Crest, IL | 13,727 | 94 | 0.9x |
| Richton Park, IL | 12,867 | 95 | 1.0x |
| Palos Heights, IL | 12,116 | 124 | 1.3x |
