Cost of living in Roselle 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 Roselle 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 Roselle is 113, with 100 being the average.
The cost of living index in Roselle is 1.1x higher than the national average.
Roselle ranks as the #262 cheapest in Illinois out of 338.
Roselle ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Roselle is $273,500.
The median income in Roselle is $94,589.
According to the most recent data on the cost of living, Roselle has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Illinois, Roselle has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Roselle ranks as #262 most affordable out of the 338 places we measured in Illinois. By definition, that implies Roselle ranks as the #76 most expensive place in the Prairie State.
For more reading on life in Roselle, check out:
Six factors go into calculating the cost of living index in Roselle. Here is how it fairs on each of the criteria:
The Services index in Roselle is 115.
The Groceries index in Roselle is 106.
The Health index in Roselle is 100.
The Housing index in Roselle is 131.
The Transportation index in Roselle is 113.
The Utilities index in Roselle is 94.
Living Expense | Roselle | Illinois | National Average | |
---|---|---|---|---|
Overall | 113 | 92 | 100 | |
Services | 115 | 95 | 100 | |
Groceries | 106 | 98 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 131 | 81 | 100 | |
Transportation | 113 | 105 | 100 | |
Utilities | 94 | 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 Roselle is $273,500.
The Median Rent in Roselle is $1,397.
The Median Income in Roselle is $94,589.
The Home Value To Income in Roselle is 2.9x.
The Rent To Monthly Income in Roselle is 0.18x.
Statistic | Roselle | Illinois | United States |
---|---|---|---|
Median Home Value | $273,500 | $212,600 | $244,900 |
Median Rent | $1,397 | $1,097 | $1,163 |
Median Income | $94,589 | $72,563 | $69,021 |
Home Value To Income | 2.9x | 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 Roselle. Here's a quick look at the cost of living in the most populous nearby places:
Schaumburg, IL has a cost of living index of 117, 1.0x Roselle.
Glenview, IL has a cost of living index of 147, 1.3x Roselle.
Elmhurst, IL has a cost of living index of 131, 1.2x Roselle.
City | Population | Cost Of Living | Vs. Roselle |
---|---|---|---|
Schaumburg, IL | 78,053 | 117 | 1.0x |
Glenview, IL | 48,150 | 147 | 1.3x |
Elmhurst, IL | 45,661 | 131 | 1.2x |
Buffalo Grove, IL | 43,062 | 121 | 1.1x |
Carol Stream, IL | 39,895 | 112 | 1.0x |
Streamwood, IL | 39,736 | 112 | 1.0x |
Park Ridge, IL | 39,562 | 131 | 1.2x |
Hanover Park, IL | 37,545 | 107 | 0.9x |
Addison, IL | 35,999 | 111 | 1.0x |
Northbrook, IL | 35,108 | 156 | 1.4x |