Cost of living in Schiller Park 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 Schiller Park 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 Schiller Park is 106, with 100 being the average.
The cost of living index in Schiller Park is 1.1x higher than the national average.
Schiller Park ranks as the #216 cheapest in Illinois out of 338.
Schiller Park ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Schiller Park is $230,400.
The median income in Schiller Park is $59,420.
According to the most recent data on the cost of living, Schiller Park has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Illinois, Schiller Park has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Schiller Park ranks as #216 most affordable out of the 338 places we measured in Illinois. By definition, that implies Schiller Park ranks as the #122 most expensive place in the Prairie State.
For more reading on life in Schiller Park, check out:
Six factors go into calculating the cost of living index in Schiller Park. Here is how it fairs on each of the criteria:
The Services index in Schiller Park is 112.
The Groceries index in Schiller Park is 107.
The Health index in Schiller Park is 101.
The Housing index in Schiller Park is 97.
The Transportation index in Schiller Park is 112.
The Utilities index in Schiller Park is 93.
Living Expense | Schiller Park | Illinois | National Average | |
---|---|---|---|---|
Overall | 106 | 92 | 100 | |
Services | 112 | 95 | 100 | |
Groceries | 107 | 98 | 100 | |
Health | 101 | 96 | 100 | |
Housing | 97 | 81 | 100 | |
Transportation | 112 | 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 Schiller Park is $230,400.
The Median Rent in Schiller Park is $1,166.
The Median Income in Schiller Park is $59,420.
The Home Value To Income in Schiller Park is 3.9x.
The Rent To Monthly Income in Schiller Park is 0.24x.
Statistic | Schiller Park | Illinois | United States |
---|---|---|---|
Median Home Value | $230,400 | $212,600 | $244,900 |
Median Rent | $1,166 | $1,097 | $1,163 |
Median Income | $59,420 | $72,563 | $69,021 |
Home Value To Income | 3.9x | 2.9x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
Item | Schiller Park | 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 | Schiller Park | 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 | Schiller Park | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Schiller Park | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Schiller Park | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Schiller Park. Here's a quick look at the cost of living in the most populous nearby places:
Glenview, IL has a cost of living index of 147, 1.4x Schiller Park.
Elmhurst, IL has a cost of living index of 131, 1.2x Schiller Park.
Buffalo Grove, IL has a cost of living index of 121, 1.1x Schiller Park.
City | Population | Cost Of Living | Vs. Schiller Park |
---|---|---|---|
Glenview, IL | 48,150 | 147 | 1.4x |
Elmhurst, IL | 45,661 | 131 | 1.2x |
Buffalo Grove, IL | 43,062 | 121 | 1.1x |
Park Ridge, IL | 39,562 | 131 | 1.2x |
Northbrook, IL | 35,108 | 156 | 1.5x |
Highland Park, IL | 30,245 | 152 | 1.4x |
Wilmette, IL | 27,895 | 166 | 1.6x |
Melrose Park, IL | 25,417 | 105 | 1.0x |
Elmwood Park, IL | 24,517 | 112 | 1.1x |
Deerfield, IL | 19,228 | 150 | 1.4x |