Cost of living in Western Springs 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 Western Springs 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 Western Springs is 153, with 100 being the average.
The cost of living index in Western Springs is 1.5x higher than the national average.
Western Springs ranks as the #324 cheapest in Illinois out of 338.
Western Springs ranks as the #5,895 cheapest out of 6,412 in the US.
The median home value in Western Springs is $623,400.
The median income in Western Springs is $196,638.
According to the most recent data on the cost of living, Western Springs has an overall cost of living index of 153, which is 1.5x higher than the national index of 100.
Compared to Illinois, Western Springs has a cost of living index that's 1.7x higher than Illinois's index of 92.
The standard of living in Western Springs ranks as #324 most affordable out of the 338 places we measured in Illinois. By definition, that implies Western Springs ranks as the #14 most expensive place in the Prairie State.
For more reading on life in Western Springs, check out:
Six factors go into calculating the cost of living index in Western Springs. Here is how it fairs on each of the criteria:
The Services index in Western Springs is 112.
The Groceries index in Western Springs is 107.
The Health index in Western Springs is 100.
The Housing index in Western Springs is 253.
The Transportation index in Western Springs is 112.
The Utilities index in Western Springs is 91.
Living Expense | Western Springs | Illinois | National Average | |
---|---|---|---|---|
Overall | 153 | 92 | 100 | |
Services | 112 | 95 | 100 | |
Groceries | 107 | 98 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 253 | 81 | 100 | |
Transportation | 112 | 105 | 100 | |
Utilities | 91 | 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 Western Springs is $623,400.
The Median Rent in Western Springs is $2,234.
The Median Income in Western Springs is $196,638.
The Home Value To Income in Western Springs is 3.2x.
The Rent To Monthly Income in Western Springs is 0.14x.
Statistic | Western Springs | Illinois | United States |
---|---|---|---|
Median Home Value | $623,400 | $212,600 | $244,900 |
Median Rent | $2,234 | $1,097 | $1,163 |
Median Income | $196,638 | $72,563 | $69,021 |
Home Value To Income | 3.2x | 2.9x | 3.5x |
Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Item | Western Springs | 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 | Western Springs | 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 | Western Springs | Illinois |
---|---|---|
Optometrist | $96.76 | $108.57 |
Doctor | $104.96 | $116.17 |
Dentist | $101.82 | $99.13 |
Item | Western Springs | Illinois |
---|---|---|
Gasoline | $2.51 | $2.22 |
Tire Balancing | $56.85 | $50.07 |
Item | Western Springs | Illinois |
---|---|---|
All Electricity | $131.89 | $167.67 |
Phone | $203.16 | $175.64 |
The cost of living varies in the cities and towns around Western Springs. Here's a quick look at the cost of living in the most populous nearby places:
Naperville, IL has a cost of living index of 125, 0.8x Western Springs.
Wheaton, IL has a cost of living index of 118, 0.8x Western Springs.
Glenview, IL has a cost of living index of 147, 1.0x Western Springs.
City | Population | Cost Of Living | Vs. Western Springs |
---|---|---|---|
Naperville, IL | 149,013 | 125 | 0.8x |
Wheaton, IL | 53,762 | 118 | 0.8x |
Glenview, IL | 48,150 | 147 | 1.0x |
Elmhurst, IL | 45,661 | 131 | 0.9x |
Park Ridge, IL | 39,562 | 131 | 0.9x |
Glen Ellyn, IL | 28,506 | 132 | 0.9x |
Brookfield, IL | 19,517 | 110 | 0.7x |
Hinsdale, IL | 17,148 | 193 | 1.3x |
Westchester, IL | 16,837 | 115 | 0.8x |
La Grange, IL | 16,220 | 137 | 0.9x |