Steger, IL Cost Of Living
Cost Of Living In Steger, IL Summary
Cost of living in Steger 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 Steger 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 Steger is 90, with 100 being the average.
The cost of living index in Steger is 0.9x lower than the national average.
Steger ranks as the #95 cheapest in Illinois out of 338.
Steger ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Steger is $108,800.
The median income in Steger is $53,427.
Table Of Contents
Steger's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Steger, IL?
According to the most recent data on the cost of living, Steger has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Illinois, Steger has a cost of living index that's 1.0x lower than Illinois's index of 92.
The standard of living in Steger ranks as #95 most affordable out of the 338 places we measured in Illinois. By definition, that implies Steger ranks as the #243 most expensive place in the Prairie State.
For more reading on life in Steger, check out:
- Living In Steger
- Steger Crime Report
- Search Homes For Sale In Steger, IL
In Illinois
In America
Steger Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Steger. Here is how it fairs on each of the criteria:
The Services index in Steger is 98.
The Groceries index in Steger is 95.
The Health index in Steger is 112.
The Housing index in Steger is 69.
The Transportation index in Steger is 111.
The Utilities index in Steger is 87.
| Living Expense | Steger | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 90 | 92 | 100 | |
| Services | 98 | 95 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 112 | 96 | 100 | |
| Housing | 69 | 81 | 100 | |
| Transportation | 111 | 105 | 100 | |
| Utilities | 87 | 90 | 100 | |
Steger, 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 Steger is $108,800.
The Median Rent in Steger is $906.
The Median Income in Steger is $53,427.
The Home Value To Income in Steger is 2.0x.
The Rent To Monthly Income in Steger is 0.2x.
| Statistic | Steger | Illinois | United States |
|---|---|---|---|
| Median Home Value | $108,800 | $212,600 | $244,900 |
| Median Rent | $906 | $1,097 | $1,163 |
| Median Income | $53,427 | $72,563 | $69,021 |
| Home Value To Income | 2.0x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Steger, IL Costs By Category
Detailed Steger Services Costs Vs. Illinois
Detailed Steger Groceries Costs Vs. Illinois
Detailed Steger Health Costs Vs. Illinois
Detailed Steger Transportation Costs Vs. Illinois
Detailed Steger Utilities Costs Vs. Illinois
Steger SnackAbility
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Cost Of Living In Cities Around Steger
The cost of living varies in the cities and towns around Steger. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 112, 1.2x Steger.
Tinley Park, IL has a cost of living index of 105, 1.2x Steger.
Chicago Heights, IL has a cost of living index of 90, 1.0x Steger.
| City | Population | Cost Of Living | Vs. Steger |
|---|---|---|---|
| Orland Park, IL | 58,622 | 112 | 1.2x |
| Tinley Park, IL | 55,988 | 105 | 1.2x |
| Chicago Heights, IL | 27,840 | 90 | 1.0x |
| Oak Forest, IL | 27,445 | 99 | 1.1x |
| Homer Glen, IL | 24,664 | 120 | 1.3x |
| Park Forest, IL | 21,368 | 87 | 1.0x |
| Mokena, IL | 19,897 | 110 | 1.2x |
| Palos Hills, IL | 18,379 | 105 | 1.2x |
| Palos Heights, IL | 12,116 | 124 | 1.4x |
| Flossmoor, IL | 9,868 | 113 | 1.3x |
