Streamwood, IL Cost Of Living
Cost Of Living In Streamwood, IL Summary
Cost of living in Streamwood 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 Streamwood 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 Streamwood is 112, with 100 being the average.
The cost of living index in Streamwood is 1.1x higher than the national average.
Streamwood ranks as the #255 cheapest in Illinois out of 338.
Streamwood ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Streamwood is $216,400.
The median income in Streamwood is $88,824.
Table Of Contents
Streamwood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Streamwood, IL?
According to the most recent data on the cost of living, Streamwood has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Illinois, Streamwood has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Streamwood ranks as #255 most affordable out of the 338 places we measured in Illinois. By definition, that implies Streamwood ranks as the #83 most expensive place in the Prairie State.
For more reading on life in Streamwood, check out:
- Living In Streamwood
- Streamwood Crime Report
- Search Homes For Sale In Streamwood, IL
In Illinois
In America
Streamwood Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Streamwood. Here is how it fairs on each of the criteria:
The Services index in Streamwood is 115.
The Groceries index in Streamwood is 108.
The Health index in Streamwood is 100.
The Housing index in Streamwood is 114.
The Transportation index in Streamwood is 116.
The Utilities index in Streamwood is 94.
| Living Expense | Streamwood | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 112 | 92 | 100 | |
| Services | 115 | 95 | 100 | |
| Groceries | 108 | 98 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 114 | 81 | 100 | |
| Transportation | 116 | 105 | 100 | |
| Utilities | 94 | 90 | 100 | |
Streamwood, 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 Streamwood is $216,400.
The Median Rent in Streamwood is $1,704.
The Median Income in Streamwood is $88,824.
The Home Value To Income in Streamwood is 2.4x.
The Rent To Monthly Income in Streamwood is 0.23x.
| Statistic | Streamwood | Illinois | United States |
|---|---|---|---|
| Median Home Value | $216,400 | $212,600 | $244,900 |
| Median Rent | $1,704 | $1,097 | $1,163 |
| Median Income | $88,824 | $72,563 | $69,021 |
| Home Value To Income | 2.4x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Streamwood, IL Costs By Category
Detailed Streamwood Services Costs Vs. Illinois
| Item | Streamwood | 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 |
Detailed Streamwood Groceries Costs Vs. Illinois
| Item | Streamwood | 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 |
Detailed Streamwood Health Costs Vs. Illinois
| Item | Streamwood | Illinois |
|---|---|---|
| Optometrist | $96.76 | $108.57 |
| Doctor | $104.96 | $116.17 |
| Dentist | $101.82 | $99.13 |
Detailed Streamwood Transportation Costs Vs. Illinois
| Item | Streamwood | Illinois |
|---|---|---|
| Gasoline | $2.51 | $2.22 |
| Tire Balancing | $56.85 | $50.07 |
Detailed Streamwood Utilities Costs Vs. Illinois
| Item | Streamwood | Illinois |
|---|---|---|
| All Electricity | $131.89 | $167.67 |
| Phone | $203.16 | $175.64 |
Streamwood SnackAbility
/10
Cost Of Living In Cities Around Streamwood
The cost of living varies in the cities and towns around Streamwood. 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 Streamwood.
Hoffman Estates, IL has a cost of living index of 118, 1.1x Streamwood.
Glenview, IL has a cost of living index of 147, 1.3x Streamwood.
| City | Population | Cost Of Living | Vs. Streamwood |
|---|---|---|---|
| Schaumburg, IL | 78,053 | 117 | 1.0x |
| Hoffman Estates, IL | 52,153 | 118 | 1.1x |
| Glenview, IL | 48,150 | 147 | 1.3x |
| Elmhurst, IL | 45,661 | 131 | 1.2x |
| Buffalo Grove, IL | 43,062 | 121 | 1.1x |
| Bartlett, IL | 41,126 | 117 | 1.0x |
| Park Ridge, IL | 39,562 | 131 | 1.2x |
| Hanover Park, IL | 37,545 | 107 | 1.0x |
| Northbrook, IL | 35,108 | 156 | 1.4x |
| Glen Ellyn, IL | 28,506 | 132 | 1.2x |
