Cost of living in Berwyn 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 Berwyn 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 Berwyn is 108, with 100 being the average.
The cost of living index in Berwyn is 1.1x higher than the national average.
Berwyn ranks as the #201 cheapest in Illinois out of 336.
Berwyn ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Berwyn is $305,094.
The median income in Berwyn is $75,235.
According to the most recent data on the cost of living, Berwyn has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Illinois, Berwyn has a cost of living index that's 1.1x higher than Illinois's index of 97.
The standard of living in Berwyn ranks as #201 most affordable out of the 336 places we measured in Illinois. By definition, that implies Berwyn ranks as the #135 most expensive place in the Prairie State.
For more reading on life in Berwyn, check out:
Six factors go into calculating the cost of living index in Berwyn. Here is how it fairs on each of the criteria:
The Services index in Berwyn is 106.
The Groceries index in Berwyn is 106.
The Health index in Berwyn is 109.
The Housing index in Berwyn is 116.
The Transportation index in Berwyn is 105.
The Utilities index in Berwyn is 90.
| Living Expense | Berwyn | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 108 | 97 | 100 | |
| Services | 106 | 95 | 100 | |
| Groceries | 106 | 99 | 100 | |
| Health | 109 | 93 | 100 | |
| Housing | 116 | 95 | 100 | |
| Transportation | 105 | 102 | 100 | |
| Utilities | 90 | 91 | 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 2019-2023. The key points are:
The Median Home Value in Berwyn is $305,094.
The Median Rent in Berwyn is $1,175.
The Median Income in Berwyn is $75,235.
The Home Value To Income in Berwyn is 4.1x.
The Rent To Monthly Income in Berwyn is 0.19x.
The cost of living varies in the cities and towns around Berwyn. Here's a quick look at the cost of living in the most populous nearby places:
Cicero, IL has a cost of living index of 104, 1.0x Berwyn.
Wheaton, IL has a cost of living index of 128, 1.2x Berwyn.
Oak Park, IL has a cost of living index of 131, 1.2x Berwyn.
| City | Population | Cost Of Living | Vs. Berwyn | 
|---|---|---|---|
| Cicero, IL | 83,223 | 104 | 1.0x | 
| Wheaton, IL | 53,453 | 128 | 1.2x | 
| Oak Park, IL | 53,315 | 131 | 1.2x | 
| Glenview, IL | 47,682 | 149 | 1.4x | 
| Elmhurst, IL | 45,538 | 139 | 1.3x | 
| Park Ridge, IL | 39,241 | 138 | 1.3x | 
| Northbrook, IL | 34,642 | 153 | 1.4x | 
| Glen Ellyn, IL | 28,270 | 135 | 1.2x | 
| Wilmette, IL | 27,550 | 164 | 1.5x | 
| Brookfield, IL | 19,235 | 111 | 1.0x |