Wilmette, IL Cost Of Living
Cost Of Living In Wilmette, IL Summary
Cost of living in Wilmette 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 Wilmette 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 Wilmette is 166, with 100 being the average.
The cost of living index in Wilmette is 1.7x higher than the national average.
Wilmette ranks as the #330 cheapest in Illinois out of 338.
Wilmette ranks as the #6,083 cheapest out of 6,412 in the US.
The median home value in Wilmette is $710,400.
The median income in Wilmette is $173,967.
Table Of Contents
Wilmette's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wilmette, IL?
According to the most recent data on the cost of living, Wilmette has an overall cost of living index of 166, which is 1.7x higher than the national index of 100.
Compared to Illinois, Wilmette has a cost of living index that's 1.8x higher than Illinois's index of 92.
The standard of living in Wilmette ranks as #330 most affordable out of the 338 places we measured in Illinois. By definition, that implies Wilmette ranks as the #8 most expensive place in the Prairie State.
For more reading on life in Wilmette, check out:
- Living In Wilmette
- Wilmette Crime Report
- Search Homes For Sale In Wilmette, IL
In Illinois
In America
Wilmette Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Wilmette. Here is how it fairs on each of the criteria:
The Services index in Wilmette is 116.
The Groceries index in Wilmette is 108.
The Health index in Wilmette is 100.
The Housing index in Wilmette is 297.
The Transportation index in Wilmette is 113.
The Utilities index in Wilmette is 95.
| Living Expense | Wilmette | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 166 | 92 | 100 | |
| Services | 116 | 95 | 100 | |
| Groceries | 108 | 98 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 297 | 81 | 100 | |
| Transportation | 113 | 105 | 100 | |
| Utilities | 95 | 90 | 100 | |
Wilmette, 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 Wilmette is $710,400.
The Median Rent in Wilmette is $1,464.
The Median Income in Wilmette is $173,967.
The Home Value To Income in Wilmette is 4.1x.
The Rent To Monthly Income in Wilmette is 0.1x.
| Statistic | Wilmette | Illinois | United States |
|---|---|---|---|
| Median Home Value | $710,400 | $212,600 | $244,900 |
| Median Rent | $1,464 | $1,097 | $1,163 |
| Median Income | $173,967 | $72,563 | $69,021 |
| Home Value To Income | 4.1x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.1x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Wilmette, IL Costs By Category
Detailed Wilmette Services Costs Vs. Illinois
Detailed Wilmette Groceries Costs Vs. Illinois
Detailed Wilmette Health Costs Vs. Illinois
Detailed Wilmette Transportation Costs Vs. Illinois
Detailed Wilmette Utilities Costs Vs. Illinois
Wilmette SnackAbility
/10
Cost Of Living In Cities Around Wilmette
The cost of living varies in the cities and towns around Wilmette. Here's a quick look at the cost of living in the most populous nearby places:
Evanston, IL has a cost of living index of 128, 0.8x Wilmette.
Arlington Heights, IL has a cost of living index of 125, 0.8x Wilmette.
Skokie, IL has a cost of living index of 120, 0.7x Wilmette.
| City | Population | Cost Of Living | Vs. Wilmette |
|---|---|---|---|
| Evanston, IL | 78,454 | 128 | 0.8x |
| Arlington Heights, IL | 77,283 | 125 | 0.8x |
| Skokie, IL | 67,444 | 120 | 0.7x |
| Glenview, IL | 48,150 | 147 | 0.9x |
| Elmhurst, IL | 45,661 | 131 | 0.8x |
| Buffalo Grove, IL | 43,062 | 121 | 0.7x |
| Park Ridge, IL | 39,562 | 131 | 0.8x |
| Northbrook, IL | 35,108 | 156 | 0.9x |
| Highland Park, IL | 30,245 | 152 | 0.9x |
| Morton Grove, IL | 25,004 | 124 | 0.7x |
