Mokena, IL Cost Of Living
Cost Of Living In Mokena, IL Summary
Cost of living in Mokena 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 Mokena 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 Mokena is 110, with 100 being the average.
The cost of living index in Mokena is 1.1x higher than the national average.
Mokena ranks as the #242 cheapest in Illinois out of 338.
Mokena ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Mokena is $324,000.
The median income in Mokena is $114,455.
Table Of Contents
Mokena's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Mokena, IL?
According to the most recent data on the cost of living, Mokena has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Illinois, Mokena has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Mokena ranks as #242 most affordable out of the 338 places we measured in Illinois. By definition, that implies Mokena ranks as the #96 most expensive place in the Prairie State.
For more reading on life in Mokena, check out:
- Living In Mokena
- Mokena Crime Report
- Search Homes For Sale In Mokena, IL
In Illinois
In America
Mokena Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Mokena. Here is how it fairs on each of the criteria:
The Services index in Mokena is 97.
The Groceries index in Mokena is 93.
The Health index in Mokena is 112.
The Housing index in Mokena is 139.
The Transportation index in Mokena is 110.
The Utilities index in Mokena is 88.
| Living Expense | Mokena | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 110 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 93 | 98 | 100 | |
| Health | 112 | 96 | 100 | |
| Housing | 139 | 81 | 100 | |
| Transportation | 110 | 105 | 100 | |
| Utilities | 88 | 90 | 100 | |
Mokena, 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 Mokena is $324,000.
The Median Rent in Mokena is $1,242.
The Median Income in Mokena is $114,455.
The Home Value To Income in Mokena is 2.8x.
The Rent To Monthly Income in Mokena is 0.13x.
| Statistic | Mokena | Illinois | United States |
|---|---|---|---|
| Median Home Value | $324,000 | $212,600 | $244,900 |
| Median Rent | $1,242 | $1,097 | $1,163 |
| Median Income | $114,455 | $72,563 | $69,021 |
| Home Value To Income | 2.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Mokena, IL Costs By Category
Detailed Mokena Services Costs Vs. Illinois
Detailed Mokena Groceries Costs Vs. Illinois
Detailed Mokena Health Costs Vs. Illinois
Detailed Mokena Transportation Costs Vs. Illinois
Detailed Mokena Utilities Costs Vs. Illinois
Mokena SnackAbility
/10
Cost Of Living In Cities Around Mokena
The cost of living varies in the cities and towns around Mokena. 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, 1.0x Mokena.
Tinley Park, IL has a cost of living index of 105, 1.0x Mokena.
Downers Grove, IL has a cost of living index of 120, 1.1x Mokena.
| City | Population | Cost Of Living | Vs. Mokena |
|---|---|---|---|
| Orland Park, IL | 58,622 | 112 | 1.0x |
| Tinley Park, IL | 55,988 | 105 | 1.0x |
| Downers Grove, IL | 50,209 | 120 | 1.1x |
| New Lenox, IL | 26,942 | 110 | 1.0x |
| Homer Glen, IL | 24,664 | 120 | 1.1x |
| Westmont, IL | 24,632 | 120 | 1.1x |
| Darien, IL | 22,087 | 111 | 1.0x |
| Frankfort, IL | 20,040 | 126 | 1.1x |
| Matteson, IL | 19,047 | 99 | 0.9x |
| Hinsdale, IL | 17,148 | 193 | 1.8x |
