Cost of living in Northfield 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 Northfield 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 Northfield is 160, with 100 being the average.
The cost of living index in Northfield is 1.6x higher than the national average.
Northfield ranks as the #327 cheapest in Illinois out of 338.
Northfield ranks as the #6,005 cheapest out of 6,412 in the US.
The median home value in Northfield is $743,600.
The median income in Northfield is $160,331.
According to the most recent data on the cost of living, Northfield has an overall cost of living index of 160, which is 1.6x higher than the national index of 100.
Compared to Illinois, Northfield has a cost of living index that's 1.7x higher than Illinois's index of 92.
The standard of living in Northfield ranks as #327 most affordable out of the 338 places we measured in Illinois. By definition, that implies Northfield ranks as the #11 most expensive place in the Prairie State.
For more reading on life in Northfield, check out:
Six factors go into calculating the cost of living index in Northfield. Here is how it fairs on each of the criteria:
The Services index in Northfield is 115.
The Groceries index in Northfield is 108.
The Health index in Northfield is 101.
The Housing index in Northfield is 278.
The Transportation index in Northfield is 114.
The Utilities index in Northfield is 93.
Living Expense | Northfield | Illinois | National Average | |
---|---|---|---|---|
Overall | 160 | 92 | 100 | |
Services | 115 | 95 | 100 | |
Groceries | 108 | 98 | 100 | |
Health | 101 | 96 | 100 | |
Housing | 278 | 81 | 100 | |
Transportation | 114 | 105 | 100 | |
Utilities | 93 | 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 Northfield is $743,600.
The Median Rent in Northfield is $2,452.
The Median Income in Northfield is $160,331.
The Home Value To Income in Northfield is 4.6x.
The Rent To Monthly Income in Northfield is 0.18x.
Statistic | Northfield | Illinois | United States |
---|---|---|---|
Median Home Value | $743,600 | $212,600 | $244,900 |
Median Rent | $2,452 | $1,097 | $1,163 |
Median Income | $160,331 | $72,563 | $69,021 |
Home Value To Income | 4.6x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Northfield | Illinois |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $14.85 | $10.68 |
Bowling | $15.76 | $14.67 |
Haircut | $27.76 | $18.62 |
Beauty Salon | $65.57 | $39.05 |
Item | Northfield | Illinois |
---|---|---|
Ground Beef | $4.87 | $4.22 |
Fried Chicken | $1.99 | $1.39 |
Milk | $2.42 | $2.05 |
Potatoes | $3.23 | $3.29 |
Pizza | $12.0 | $10.62 |
Beer | $8.61 | $9.38 |
Toothpaste | $2.46 | $2.34 |
Item | Northfield | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Northfield | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Northfield | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Northfield. Here's a quick look at the cost of living in the most populous nearby places:
Skokie, IL has a cost of living index of 120, 0.8x Northfield.
Glenview, IL has a cost of living index of 147, 0.9x Northfield.
Elmhurst, IL has a cost of living index of 131, 0.8x Northfield.
City | Population | Cost Of Living | Vs. Northfield |
---|---|---|---|
Skokie, IL | 67,444 | 120 | 0.8x |
Glenview, IL | 48,150 | 147 | 0.9x |
Elmhurst, IL | 45,661 | 131 | 0.8x |
Buffalo Grove, IL | 43,062 | 121 | 0.8x |
Park Ridge, IL | 39,562 | 131 | 0.8x |
Northbrook, IL | 35,108 | 156 | 1.0x |
Niles, IL | 30,971 | 117 | 0.7x |
Highland Park, IL | 30,245 | 152 | 0.9x |
Wilmette, IL | 27,895 | 166 | 1.0x |
Morton Grove, IL | 25,004 | 124 | 0.8x |