Cost of living in Mundelein 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 Mundelein 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 Mundelein is 113, with 100 being the average.
The cost of living index in Mundelein is 1.1x higher than the national average.
Mundelein ranks as the #262 cheapest in Illinois out of 338.
Mundelein ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Mundelein is $241,200.
The median income in Mundelein is $96,993.
According to the most recent data on the cost of living, Mundelein has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Illinois, Mundelein has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Mundelein ranks as #262 most affordable out of the 338 places we measured in Illinois. By definition, that implies Mundelein ranks as the #76 most expensive place in the Prairie State.
For more reading on life in Mundelein, check out:
Six factors go into calculating the cost of living index in Mundelein. Here is how it fairs on each of the criteria:
The Services index in Mundelein is 114.
The Groceries index in Mundelein is 107.
The Health index in Mundelein is 101.
The Housing index in Mundelein is 124.
The Transportation index in Mundelein is 116.
The Utilities index in Mundelein is 95.
Living Expense | Mundelein | Illinois | National Average | |
---|---|---|---|---|
Overall | 113 | 92 | 100 | |
Services | 114 | 95 | 100 | |
Groceries | 107 | 98 | 100 | |
Health | 101 | 96 | 100 | |
Housing | 124 | 81 | 100 | |
Transportation | 116 | 105 | 100 | |
Utilities | 95 | 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 Mundelein is $241,200.
The Median Rent in Mundelein is $1,447.
The Median Income in Mundelein is $96,993.
The Home Value To Income in Mundelein is 2.5x.
The Rent To Monthly Income in Mundelein is 0.18x.
Statistic | Mundelein | Illinois | United States |
---|---|---|---|
Median Home Value | $241,200 | $212,600 | $244,900 |
Median Rent | $1,447 | $1,097 | $1,163 |
Median Income | $96,993 | $72,563 | $69,021 |
Home Value To Income | 2.5x | 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 Mundelein. Here's a quick look at the cost of living in the most populous nearby places:
Arlington Heights, IL has a cost of living index of 125, 1.1x Mundelein.
Glenview, IL has a cost of living index of 147, 1.3x Mundelein.
Buffalo Grove, IL has a cost of living index of 121, 1.1x Mundelein.
City | Population | Cost Of Living | Vs. Mundelein |
---|---|---|---|
Arlington Heights, IL | 77,283 | 125 | 1.1x |
Glenview, IL | 48,150 | 147 | 1.3x |
Buffalo Grove, IL | 43,062 | 121 | 1.1x |
Park Ridge, IL | 39,562 | 131 | 1.2x |
Northbrook, IL | 35,108 | 156 | 1.4x |
Highland Park, IL | 30,245 | 152 | 1.3x |
Wilmette, IL | 27,895 | 166 | 1.5x |
Vernon Hills, IL | 26,723 | 126 | 1.1x |
Grayslake, IL | 20,827 | 108 | 1.0x |
Libertyville, IL | 20,616 | 134 | 1.2x |