Addison, IL Cost Of Living

The latest cost of living statistics for Addison. Includes statistics on rent, mortgages, healthcare, and other costs for Addison compared to the state and national averages.

Cost of living in Addison, Illinois

Cost of living in Addison 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 Addison 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:

110 Cost of living index 1.1x higher vs US
#221 Cheapest in Illinois (of 336)
#3,531 Cheapest in the U.S. (of 6,489)
$372,968 Median home value
$1,245 Median rent
$90,431 Median income
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What is the cost of living in Addison, IL?

According to the most recent data on the cost of living, Addison has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.

Compared to Illinois, Addison has a cost of living index that's 1.1x higher than Illinois's index of 98.

The standard of living in Addison ranks as #221 most affordable out of the 336 places we measured in Illinois. By definition, that implies Addison ranks as the #115 most expensive place in the Prairie State.

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Addison Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Addison. Here is how it fares on each of the criteria:

  • The Services index in Addison is 101.

  • The Groceries index in Addison is 100.

  • The Health index in Addison is 135.

  • The Housing index in Addison is 100.

  • The Transportation index in Addison is 95.

  • The Utilities index in Addison is 104.

Living Expense Addison Illinois National Average
Overall 110 98 100
Services 101 99 100
Groceries 100 99 100
Health 135 96 100
Housing 100 101 100
Transportation 95 99 100
Utilities 104 101 100

Addison Cost Of Living Compared To Illinois Averages

Services
Addison 101
Illinois avg 99
Groceries
Addison 100
Illinois avg 99
Health
Addison 135
Illinois avg 96
Housing
Addison 100
Illinois avg 101
Transportation
Addison 95
Illinois avg 99
Utilities
Addison 104
Illinois avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Illinois, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Addison, IL Housing Cost Breakdown

$372,968Median Home Value
$1,245Median Rent
$90,431Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Addison is $372,968.

  • The Median Rent in Addison is $1,245.

  • The Median Income in Addison is $90,431.

  • The Home Value To Income in Addison is 4.1x.

  • The Rent To Monthly Income in Addison is 0.17x.

Statistic Addison Illinois United States
Median Home Value $372,968 $285,735 $332,700
Median Rent $1,245 $1,274 $1,413
Median Income $90,431 $83,390 $80,734
Home Value To Income 4.1x 3.4x 4.1x
Rent To Monthly Income 0.17x 0.18x 0.21x

Addison, IL Costs By Category

Detailed Addison Services costs vs. Illinois
Item Addison Illinois
Shampoo $1.27 $1.28
Movie $17.91 $12.13
Bowling $24.58 $18
Haircut $33.69 $24.26
Beauty Salon $53.44 $45.56
Detailed Addison Groceries costs vs. Illinois
Item Addison Illinois
Ground Beef $5.28 $5.84
Fried Chicken $1.42 $1.57
Milk $4.87 $4.67
Potatoes $4.9 $4.93
Pizza $13.41 $12.09
Beer $10.0 $10.41
Toothpaste $3.75 $3.7
Detailed Addison Health costs vs. Illinois
Item Addison Illinois
Optometrist $118.27 $125.68
Doctor $167.67 $135.78
Dentist $128.22 $113.29
Detailed Addison Transportation costs vs. Illinois
Item Addison Illinois
Gasoline $3.56 $3.46
Tire Balancing $70.87 $59.92
Detailed Addison Utilities costs vs. Illinois
Item Addison Illinois
All Electricity $148.58 $193.99
Phone $210.03 $192.25

Addison SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 6/10
Diversity 9.5/10
Safety 8.5/10
Amenities 9.5/10
Education 6/10
Commute 7/10

Cost Of Living In Cities Around Addison

The cost of living varies in the cities and towns around Addison. Here's a quick look at the cost of living in the most populous nearby places:

  • Glenview, IL has a cost of living index of 146, 1.3x Addison.

  • Elmhurst, IL has a cost of living index of 134, 1.2x Addison.

  • Lombard, IL has a cost of living index of 117, 1.1x Addison.

City Population Cost Of Living Vs. Addison
Glenview, IL 47,752 146 1.3x
Elmhurst, IL 45,671 134 1.2x
Lombard, IL 43,619 117 1.1x
Buffalo Grove, IL 42,891 126 1.1x
Park Ridge, IL 38,667 135 1.2x
Northbrook, IL 34,585 151 1.4x
Glendale Heights, IL 32,808 108 1.0x
Wilmette, IL 27,503 161 1.5x
Roselle, IL 22,752 112 1.0x
Bloomingdale, IL 22,457 120 1.1x