Maywood, IL Cost Of Living
Cost Of Living In Maywood, IL Summary
Cost of living in Maywood 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 Maywood 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 Maywood is 98, with 100 being the average.
The cost of living index in Maywood is 1.0x lower than the national average.
Maywood ranks as the #152 cheapest in Illinois out of 338.
Maywood ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Maywood is $166,500.
The median income in Maywood is $58,764.
Table Of Contents
Maywood's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Maywood, IL?
According to the most recent data on the cost of living, Maywood has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Illinois, Maywood has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Maywood ranks as #152 most affordable out of the 338 places we measured in Illinois. By definition, that implies Maywood ranks as the #186 most expensive place in the Prairie State.
For more reading on life in Maywood, check out:
- Living In Maywood
- Maywood Crime Report
- Search Homes For Sale In Maywood, IL
In Illinois
In America
Maywood Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Maywood. Here is how it fairs on each of the criteria:
The Services index in Maywood is 115.
The Groceries index in Maywood is 105.
The Health index in Maywood is 101.
The Housing index in Maywood is 80.
The Transportation index in Maywood is 113.
The Utilities index in Maywood is 91.
| Living Expense | Maywood | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 98 | 92 | 100 | |
| Services | 115 | 95 | 100 | |
| Groceries | 105 | 98 | 100 | |
| Health | 101 | 96 | 100 | |
| Housing | 80 | 81 | 100 | |
| Transportation | 113 | 105 | 100 | |
| Utilities | 91 | 90 | 100 | |
Maywood, 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 Maywood is $166,500.
The Median Rent in Maywood is $1,046.
The Median Income in Maywood is $58,764.
The Home Value To Income in Maywood is 2.8x.
The Rent To Monthly Income in Maywood is 0.21x.
| Statistic | Maywood | Illinois | United States |
|---|---|---|---|
| Median Home Value | $166,500 | $212,600 | $244,900 |
| Median Rent | $1,046 | $1,097 | $1,163 |
| Median Income | $58,764 | $72,563 | $69,021 |
| Home Value To Income | 2.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Maywood, IL Costs By Category
Detailed Maywood Services Costs Vs. Illinois
Detailed Maywood Groceries Costs Vs. Illinois
Detailed Maywood Health Costs Vs. Illinois
Detailed Maywood Transportation Costs Vs. Illinois
Detailed Maywood Utilities Costs Vs. Illinois
Maywood SnackAbility
/10
Cost Of Living In Cities Around Maywood
The cost of living varies in the cities and towns around Maywood. Here's a quick look at the cost of living in the most populous nearby places:
Oak Park, IL has a cost of living index of 129, 1.3x Maywood.
Glenview, IL has a cost of living index of 147, 1.5x Maywood.
Elmhurst, IL has a cost of living index of 131, 1.3x Maywood.
| City | Population | Cost Of Living | Vs. Maywood |
|---|---|---|---|
| Oak Park, IL | 54,100 | 129 | 1.3x |
| Glenview, IL | 48,150 | 147 | 1.5x |
| Elmhurst, IL | 45,661 | 131 | 1.3x |
| Park Ridge, IL | 39,562 | 131 | 1.3x |
| Northbrook, IL | 35,108 | 156 | 1.6x |
| Glen Ellyn, IL | 28,506 | 132 | 1.3x |
| Wilmette, IL | 27,895 | 166 | 1.7x |
| Melrose Park, IL | 25,417 | 105 | 1.1x |
| Deerfield, IL | 19,228 | 150 | 1.5x |
| Bellwood, IL | 18,778 | 99 | 1.0x |
