Cost of living in Woodridge 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 Woodridge 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 Woodridge is 110, with 100 being the average.
The cost of living index in Woodridge is 1.1x higher than the national average.
Woodridge ranks as the #242 cheapest in Illinois out of 338.
Woodridge ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Woodridge is $292,400.
The median income in Woodridge is $91,399.
According to the most recent data on the cost of living, Woodridge has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Illinois, Woodridge has a cost of living index that's 1.2x higher than Illinois's index of 92.
The standard of living in Woodridge ranks as #242 most affordable out of the 338 places we measured in Illinois. By definition, that implies Woodridge ranks as the #96 most expensive place in the Prairie State.
For more reading on life in Woodridge, check out:
Six factors go into calculating the cost of living index in Woodridge. Here is how it fairs on each of the criteria:
The Services index in Woodridge is 98.
The Groceries index in Woodridge is 93.
The Health index in Woodridge is 111.
The Housing index in Woodridge is 131.
The Transportation index in Woodridge is 109.
The Utilities index in Woodridge is 90.
Living Expense | Woodridge | Illinois | National Average | |
---|---|---|---|---|
Overall | 110 | 92 | 100 | |
Services | 98 | 95 | 100 | |
Groceries | 93 | 98 | 100 | |
Health | 111 | 96 | 100 | |
Housing | 131 | 81 | 100 | |
Transportation | 109 | 105 | 100 | |
Utilities | 90 | 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 Woodridge is $292,400.
The Median Rent in Woodridge is $1,425.
The Median Income in Woodridge is $91,399.
The Home Value To Income in Woodridge is 3.2x.
The Rent To Monthly Income in Woodridge is 0.19x.
Statistic | Woodridge | Illinois | United States |
---|---|---|---|
Median Home Value | $292,400 | $212,600 | $244,900 |
Median Rent | $1,425 | $1,097 | $1,163 |
Median Income | $91,399 | $72,563 | $69,021 |
Home Value To Income | 3.2x | 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 Woodridge. 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 Woodridge.
Bolingbrook, IL has a cost of living index of 103, 0.9x Woodridge.
Wheaton, IL has a cost of living index of 118, 1.1x Woodridge.
City | Population | Cost Of Living | Vs. Woodridge |
---|---|---|---|
Naperville, IL | 149,013 | 125 | 1.1x |
Bolingbrook, IL | 73,807 | 103 | 0.9x |
Wheaton, IL | 53,762 | 118 | 1.1x |
Downers Grove, IL | 50,209 | 120 | 1.1x |
Elmhurst, IL | 45,661 | 131 | 1.2x |
Glen Ellyn, IL | 28,506 | 132 | 1.2x |
Westmont, IL | 24,632 | 120 | 1.1x |
Lisle, IL | 23,982 | 117 | 1.1x |
Darien, IL | 22,087 | 111 | 1.0x |
Lemont, IL | 17,535 | 118 | 1.1x |