Berwyn, IL Cost Of Living
Cost Of Living In Berwyn, IL Summary
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 105, with 100 being the average.
The cost of living index in Berwyn is 1.1x higher than the national average.
Berwyn ranks as the #204 cheapest in Illinois out of 338.
Berwyn ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Berwyn is $244,500.
The median income in Berwyn is $64,965.
Table Of Contents
Berwyn's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Berwyn, IL?
According to the most recent data on the cost of living, Berwyn has an overall cost of living index of 105, 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 92.
The standard of living in Berwyn ranks as #204 most affordable out of the 338 places we measured in Illinois. By definition, that implies Berwyn ranks as the #134 most expensive place in the Prairie State.
For more reading on life in Berwyn, check out:
- Living In Berwyn
- Berwyn Crime Report
- Search Homes For Sale In Berwyn, IL
In Illinois
In America
Berwyn Cost Of Living Vs. Illinois
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 114.
The Groceries index in Berwyn is 106.
The Health index in Berwyn is 100.
The Housing index in Berwyn is 95.
The Transportation index in Berwyn is 112.
The Utilities index in Berwyn is 92.
| Living Expense | Berwyn | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 105 | 92 | 100 | |
| Services | 114 | 95 | 100 | |
| Groceries | 106 | 98 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 95 | 81 | 100 | |
| Transportation | 112 | 105 | 100 | |
| Utilities | 92 | 90 | 100 | |
Berwyn, 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 Berwyn is $244,500.
The Median Rent in Berwyn is $1,059.
The Median Income in Berwyn is $64,965.
The Home Value To Income in Berwyn is 3.8x.
The Rent To Monthly Income in Berwyn is 0.2x.
| Statistic | Berwyn | Illinois | United States |
|---|---|---|---|
| Median Home Value | $244,500 | $212,600 | $244,900 |
| Median Rent | $1,059 | $1,097 | $1,163 |
| Median Income | $64,965 | $72,563 | $69,021 |
| Home Value To Income | 3.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Berwyn, IL Costs By Category
Detailed Berwyn Services Costs Vs. Illinois
Detailed Berwyn Groceries Costs Vs. Illinois
Detailed Berwyn Health Costs Vs. Illinois
Detailed Berwyn Transportation Costs Vs. Illinois
Detailed Berwyn Utilities Costs Vs. Illinois
Berwyn SnackAbility
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Cost Of Living In Cities Around Berwyn
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 98, 0.9x Berwyn.
Oak Park, IL has a cost of living index of 129, 1.2x Berwyn.
Wheaton, IL has a cost of living index of 118, 1.1x Berwyn.
| City | Population | Cost Of Living | Vs. Berwyn |
|---|---|---|---|
| Cicero, IL | 84,905 | 98 | 0.9x |
| Oak Park, IL | 54,100 | 129 | 1.2x |
| Wheaton, IL | 53,762 | 118 | 1.1x |
| Glenview, IL | 48,150 | 147 | 1.4x |
| Elmhurst, IL | 45,661 | 131 | 1.2x |
| Park Ridge, IL | 39,562 | 131 | 1.2x |
| Northbrook, IL | 35,108 | 156 | 1.5x |
| Glen Ellyn, IL | 28,506 | 132 | 1.3x |
| Wilmette, IL | 27,895 | 166 | 1.6x |
| Brookfield, IL | 19,517 | 110 | 1.0x |
