Cost of living in Sycamore 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 Sycamore 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 Sycamore is 98, with 100 being the average.
The cost of living index in Sycamore is 1.0x lower than the national average.
Sycamore ranks as the #152 cheapest in Illinois out of 338.
Sycamore ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Sycamore is $213,900.
The median income in Sycamore is $73,475.
According to the most recent data on the cost of living, Sycamore has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Illinois, Sycamore has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Sycamore ranks as #152 most affordable out of the 338 places we measured in Illinois. By definition, that implies Sycamore ranks as the #186 most expensive place in the Prairie State.
For more reading on life in Sycamore, check out:
Six factors go into calculating the cost of living index in Sycamore. Here is how it fairs on each of the criteria:
The Services index in Sycamore is 97.
The Groceries index in Sycamore is 93.
The Health index in Sycamore is 110.
The Housing index in Sycamore is 96.
The Transportation index in Sycamore is 107.
The Utilities index in Sycamore is 88.
Living Expense | Sycamore | Illinois | National Average | |
---|---|---|---|---|
Overall | 98 | 92 | 100 | |
Services | 97 | 95 | 100 | |
Groceries | 93 | 98 | 100 | |
Health | 110 | 96 | 100 | |
Housing | 96 | 81 | 100 | |
Transportation | 107 | 105 | 100 | |
Utilities | 88 | 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 Sycamore is $213,900.
The Median Rent in Sycamore is $948.
The Median Income in Sycamore is $73,475.
The Home Value To Income in Sycamore is 2.9x.
The Rent To Monthly Income in Sycamore is 0.15x.
Statistic | Sycamore | Illinois | United States |
---|---|---|---|
Median Home Value | $213,900 | $212,600 | $244,900 |
Median Rent | $948 | $1,097 | $1,163 |
Median Income | $73,475 | $72,563 | $69,021 |
Home Value To Income | 2.9x | 2.9x | 3.5x |
Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Sycamore. Here's a quick look at the cost of living in the most populous nearby places:
DeKalb, IL has a cost of living index of 94, 1.0x Sycamore.
St. Charles, IL has a cost of living index of 110, 1.1x Sycamore.
Huntley, IL has a cost of living index of 104, 1.1x Sycamore.
City | Population | Cost Of Living | Vs. Sycamore |
---|---|---|---|
DeKalb, IL | 41,083 | 94 | 1.0x |
St. Charles, IL | 32,908 | 110 | 1.1x |
Huntley, IL | 27,314 | 104 | 1.1x |
South Elgin, IL | 23,749 | 105 | 1.1x |
Geneva, IL | 21,472 | 115 | 1.2x |
Campton Hills, IL | 10,468 | 135 | 1.4x |
Sugar Grove, IL | 9,266 | 108 | 1.1x |
Gilberts, IL | 8,220 | 114 | 1.2x |
Hampshire, IL | 8,019 | 105 | 1.1x |
Elburn, IL | 5,981 | 112 | 1.1x |