Cost of living in Westchester 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 Westchester 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 Westchester is 115, with 100 being the average.
The cost of living index in Westchester is 1.1x higher than the national average.
Westchester ranks as the #272 cheapest in Illinois out of 338.
Westchester ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Westchester is $257,500.
The median income in Westchester is $94,151.
According to the most recent data on the cost of living, Westchester has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Illinois, Westchester has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Westchester ranks as #272 most affordable out of the 338 places we measured in Illinois. By definition, that implies Westchester ranks as the #66 most expensive place in the Prairie State.
For more reading on life in Westchester, check out:
Six factors go into calculating the cost of living index in Westchester. Here is how it fairs on each of the criteria:
The Services index in Westchester is 113.
The Groceries index in Westchester is 105.
The Health index in Westchester is 99.
The Housing index in Westchester is 127.
The Transportation index in Westchester is 113.
The Utilities index in Westchester is 95.
Living Expense | Westchester | Illinois | National Average | |
---|---|---|---|---|
Overall | 115 | 92 | 100 | |
Services | 113 | 95 | 100 | |
Groceries | 105 | 98 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 127 | 81 | 100 | |
Transportation | 113 | 105 | 100 | |
Utilities | 95 | 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 Westchester is $257,500.
The Median Rent in Westchester is $1,587.
The Median Income in Westchester is $94,151.
The Home Value To Income in Westchester is 2.7x.
The Rent To Monthly Income in Westchester is 0.2x.
Statistic | Westchester | Illinois | United States |
---|---|---|---|
Median Home Value | $257,500 | $212,600 | $244,900 |
Median Rent | $1,587 | $1,097 | $1,163 |
Median Income | $94,151 | $72,563 | $69,021 |
Home Value To Income | 2.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Item | Westchester | 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 | Westchester | 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 | Westchester | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Westchester | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Westchester | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Westchester. Here's a quick look at the cost of living in the most populous nearby places:
Wheaton, IL has a cost of living index of 118, 1.0x Westchester.
Glenview, IL has a cost of living index of 147, 1.3x Westchester.
Elmhurst, IL has a cost of living index of 131, 1.1x Westchester.
City | Population | Cost Of Living | Vs. Westchester |
---|---|---|---|
Wheaton, IL | 53,762 | 118 | 1.0x |
Glenview, IL | 48,150 | 147 | 1.3x |
Elmhurst, IL | 45,661 | 131 | 1.1x |
Park Ridge, IL | 39,562 | 131 | 1.1x |
Northbrook, IL | 35,108 | 156 | 1.4x |
Glen Ellyn, IL | 28,506 | 132 | 1.1x |
Wilmette, IL | 27,895 | 166 | 1.4x |
Maywood, IL | 23,547 | 98 | 0.9x |
Brookfield, IL | 19,517 | 110 | 1.0x |
Bellwood, IL | 18,778 | 99 | 0.9x |