Oswego, IL Cost Of Living
Cost Of Living In Oswego, IL Summary
Cost of living in Oswego 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 Oswego 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 Oswego is 109, with 100 being the average.
The cost of living index in Oswego is 1.1x higher than the national average.
Oswego ranks as the #236 cheapest in Illinois out of 338.
Oswego ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Oswego is $273,500.
The median income in Oswego is $106,790.
Table Of Contents
Oswego's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Oswego, IL?
According to the most recent data on the cost of living, Oswego has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Illinois, Oswego has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Oswego ranks as #236 most affordable out of the 338 places we measured in Illinois. By definition, that implies Oswego ranks as the #102 most expensive place in the Prairie State.
For more reading on life in Oswego, check out:
- Living In Oswego
- Oswego Crime Report
- Search Homes For Sale In Oswego, IL
In Illinois
In America
Oswego Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Oswego. Here is how it fairs on each of the criteria:
The Services index in Oswego is 98.
The Groceries index in Oswego is 93.
The Health index in Oswego is 111.
The Housing index in Oswego is 138.
The Transportation index in Oswego is 111.
The Utilities index in Oswego is 87.
| Living Expense | Oswego | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 109 | 92 | 100 | |
| Services | 98 | 95 | 100 | |
| Groceries | 93 | 98 | 100 | |
| Health | 111 | 96 | 100 | |
| Housing | 138 | 81 | 100 | |
| Transportation | 111 | 105 | 100 | |
| Utilities | 87 | 90 | 100 | |
Oswego, 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 Oswego is $273,500.
The Median Rent in Oswego is $1,551.
The Median Income in Oswego is $106,790.
The Home Value To Income in Oswego is 2.6x.
The Rent To Monthly Income in Oswego is 0.17x.
| Statistic | Oswego | Illinois | United States |
|---|---|---|---|
| Median Home Value | $273,500 | $212,600 | $244,900 |
| Median Rent | $1,551 | $1,097 | $1,163 |
| Median Income | $106,790 | $72,563 | $69,021 |
| Home Value To Income | 2.6x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Oswego, IL Costs By Category
Detailed Oswego Services Costs Vs. Illinois
Detailed Oswego Groceries Costs Vs. Illinois
Detailed Oswego Health Costs Vs. Illinois
Detailed Oswego Transportation Costs Vs. Illinois
Detailed Oswego Utilities Costs Vs. Illinois
Oswego SnackAbility
/10
Cost Of Living In Cities Around Oswego
The cost of living varies in the cities and towns around Oswego. Here's a quick look at the cost of living in the most populous nearby places:
Aurora, IL has a cost of living index of 96, 0.9x Oswego.
Naperville, IL has a cost of living index of 125, 1.1x Oswego.
Wheaton, IL has a cost of living index of 118, 1.1x Oswego.
| City | Population | Cost Of Living | Vs. Oswego |
|---|---|---|---|
| Aurora, IL | 183,447 | 96 | 0.9x |
| Naperville, IL | 149,013 | 125 | 1.1x |
| Wheaton, IL | 53,762 | 118 | 1.1x |
| Downers Grove, IL | 50,209 | 120 | 1.1x |
| Plainfield, IL | 44,296 | 115 | 1.1x |
| Carol Stream, IL | 39,895 | 112 | 1.0x |
| Woodridge, IL | 34,161 | 110 | 1.0x |
| Glen Ellyn, IL | 28,506 | 132 | 1.2x |
| Lisle, IL | 23,982 | 117 | 1.1x |
| Darien, IL | 22,087 | 111 | 1.0x |
