Cost of living in Villa 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 Villa 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 Villa Park is 110, with 100 being the average.
The cost of living index in Villa Park is 1.1x higher than the national average.
Villa Park ranks as the #242 cheapest in Illinois out of 338.
Villa Park ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Villa Park is $263,100.
The median income in Villa Park is $85,173.
According to the most recent data on the cost of living, Villa Park has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Illinois, Villa Park has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Villa Park ranks as #242 most affordable out of the 338 places we measured in Illinois. By definition, that implies Villa Park ranks as the #96 most expensive place in the Prairie State.
For more reading on life in Villa Park, check out:
Six factors go into calculating the cost of living index in Villa Park. Here is how it fairs on each of the criteria:
The Services index in Villa Park is 115.
The Groceries index in Villa Park is 108.
The Health index in Villa Park is 97.
The Housing index in Villa Park is 122.
The Transportation index in Villa Park is 115.
The Utilities index in Villa Park is 93.
Living Expense | Villa Park | Illinois | National Average | |
---|---|---|---|---|
Overall | 110 | 92 | 100 | |
Services | 115 | 95 | 100 | |
Groceries | 108 | 98 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 122 | 81 | 100 | |
Transportation | 115 | 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 Villa Park is $263,100.
The Median Rent in Villa Park is $1,221.
The Median Income in Villa Park is $85,173.
The Home Value To Income in Villa Park is 3.1x.
The Rent To Monthly Income in Villa Park is 0.17x.
Statistic | Villa Park | Illinois | United States |
---|---|---|---|
Median Home Value | $263,100 | $212,600 | $244,900 |
Median Rent | $1,221 | $1,097 | $1,163 |
Median Income | $85,173 | $72,563 | $69,021 |
Home Value To Income | 3.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Villa 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 | Villa 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 | Villa Park | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Villa Park | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Villa Park | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Villa 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, 1.3x Villa Park.
Elmhurst, IL has a cost of living index of 131, 1.2x Villa Park.
Lombard, IL has a cost of living index of 116, 1.1x Villa Park.
City | Population | Cost Of Living | Vs. Villa Park |
---|---|---|---|
Glenview, IL | 48,150 | 147 | 1.3x |
Elmhurst, IL | 45,661 | 131 | 1.2x |
Lombard, IL | 44,311 | 116 | 1.1x |
Buffalo Grove, IL | 43,062 | 121 | 1.1x |
Park Ridge, IL | 39,562 | 131 | 1.2x |
Addison, IL | 35,999 | 111 | 1.0x |
Northbrook, IL | 35,108 | 156 | 1.4x |
Glen Ellyn, IL | 28,506 | 132 | 1.2x |
Wilmette, IL | 27,895 | 166 | 1.5x |
Hinsdale, IL | 17,148 | 193 | 1.8x |