Minooka, IL Cost Of Living
Cost Of Living In Minooka, IL Summary
Cost of living in Minooka 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 Minooka 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 Minooka is 101, with 100 being the average.
The cost of living index in Minooka is 1.0x higher than the national average.
Minooka ranks as the #174 cheapest in Illinois out of 338.
Minooka ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Minooka is $234,500.
The median income in Minooka is $105,905.
Table Of Contents
Minooka's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Minooka, IL?
According to the most recent data on the cost of living, Minooka has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Illinois, Minooka has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Minooka ranks as #174 most affordable out of the 338 places we measured in Illinois. By definition, that implies Minooka ranks as the #164 most expensive place in the Prairie State.
For more reading on life in Minooka, check out:
- Living In Minooka
- Search Homes For Sale In Minooka, IL
In Illinois
In America
Minooka Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Minooka. Here is how it fairs on each of the criteria:
The Services index in Minooka is 96.
The Groceries index in Minooka is 96.
The Health index in Minooka is 109.
The Housing index in Minooka is 112.
The Transportation index in Minooka is 108.
The Utilities index in Minooka is 90.
| Living Expense | Minooka | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 101 | 92 | 100 | |
| Services | 96 | 95 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 109 | 96 | 100 | |
| Housing | 112 | 81 | 100 | |
| Transportation | 108 | 105 | 100 | |
| Utilities | 90 | 90 | 100 | |
Minooka, 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 Minooka is $234,500.
The Median Rent in Minooka is $1,633.
The Median Income in Minooka is $105,905.
The Home Value To Income in Minooka is 2.2x.
The Rent To Monthly Income in Minooka is 0.19x.
| Statistic | Minooka | Illinois | United States |
|---|---|---|---|
| Median Home Value | $234,500 | $212,600 | $244,900 |
| Median Rent | $1,633 | $1,097 | $1,163 |
| Median Income | $105,905 | $72,563 | $69,021 |
| Home Value To Income | 2.2x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Minooka, IL Costs By Category
Detailed Minooka Services Costs Vs. Illinois
Detailed Minooka Groceries Costs Vs. Illinois
Detailed Minooka Health Costs Vs. Illinois
Detailed Minooka Transportation Costs Vs. Illinois
Detailed Minooka Utilities Costs Vs. Illinois
Minooka SnackAbility
/10
Cost Of Living In Cities Around Minooka
The cost of living varies in the cities and towns around Minooka. Here's a quick look at the cost of living in the most populous nearby places:
Joliet, IL has a cost of living index of 96, 1.0x Minooka.
Bolingbrook, IL has a cost of living index of 103, 1.0x Minooka.
Plainfield, IL has a cost of living index of 115, 1.1x Minooka.
| City | Population | Cost Of Living | Vs. Minooka |
|---|---|---|---|
| Joliet, IL | 150,323 | 96 | 1.0x |
| Bolingbrook, IL | 73,807 | 103 | 1.0x |
| Plainfield, IL | 44,296 | 115 | 1.1x |
| Oswego, IL | 34,324 | 109 | 1.1x |
| New Lenox, IL | 26,942 | 110 | 1.1x |
| Lockport, IL | 26,070 | 104 | 1.0x |
| Yorkville, IL | 20,503 | 106 | 1.0x |
| Shorewood, IL | 17,947 | 112 | 1.1x |
| Morris, IL | 14,601 | 100 | 1.0x |
| Channahon, IL | 13,694 | 105 | 1.0x |
