Cost of living in Winfield 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 Winfield 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 Winfield is 116, with 100 being the average.
The cost of living index in Winfield is 1.2x higher than the national average.
Winfield ranks as the #276 cheapest in Illinois out of 338.
Winfield ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Winfield is $327,600.
The median income in Winfield is $131,218.
According to the most recent data on the cost of living, Winfield has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Illinois, Winfield has a cost of living index that's 1.3x higher than Illinois's index of 92.
The standard of living in Winfield ranks as #276 most affordable out of the 338 places we measured in Illinois. By definition, that implies Winfield ranks as the #62 most expensive place in the Prairie State.
For more reading on life in Winfield, check out:
Six factors go into calculating the cost of living index in Winfield. Here is how it fairs on each of the criteria:
The Services index in Winfield is 97.
The Groceries index in Winfield is 94.
The Health index in Winfield is 111.
The Housing index in Winfield is 167.
The Transportation index in Winfield is 111.
The Utilities index in Winfield is 91.
Living Expense | Winfield | Illinois | National Average | |
---|---|---|---|---|
Overall | 116 | 92 | 100 | |
Services | 97 | 95 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 111 | 96 | 100 | |
Housing | 167 | 81 | 100 | |
Transportation | 111 | 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 Winfield is $327,600.
The Median Rent in Winfield is $2,096.
The Median Income in Winfield is $131,218.
The Home Value To Income in Winfield is 2.5x.
The Rent To Monthly Income in Winfield is 0.19x.
Statistic | Winfield | Illinois | United States |
---|---|---|---|
Median Home Value | $327,600 | $212,600 | $244,900 |
Median Rent | $2,096 | $1,097 | $1,163 |
Median Income | $131,218 | $72,563 | $69,021 |
Home Value To Income | 2.5x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Winfield. 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, 1.1x Winfield.
Arlington Heights, IL has a cost of living index of 125, 1.1x Winfield.
Wheaton, IL has a cost of living index of 118, 1.0x Winfield.
City | Population | Cost Of Living | Vs. Winfield |
---|---|---|---|
Naperville, IL | 149,013 | 125 | 1.1x |
Arlington Heights, IL | 77,283 | 125 | 1.1x |
Wheaton, IL | 53,762 | 118 | 1.0x |
Elmhurst, IL | 45,661 | 131 | 1.1x |
Lombard, IL | 44,311 | 116 | 1.0x |
Bartlett, IL | 41,126 | 117 | 1.0x |
Carol Stream, IL | 39,895 | 112 | 1.0x |
Park Ridge, IL | 39,562 | 131 | 1.1x |
Glendale Heights, IL | 33,443 | 106 | 0.9x |
Glen Ellyn, IL | 28,506 | 132 | 1.1x |