Broadview, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Broadview, IL Summary

Cost of living in Broadview 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 Broadview 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 Broadview is 100, with 100 being the average.

  • The cost of living index in Broadview is 1.0x lower than the national average.

  • Broadview ranks as the #170 cheapest in Illinois out of 338.

  • Broadview ranks as the #3,149 cheapest out of 6,412 in the US.

  • The median home value in Broadview is $177,800.

  • The median income in Broadview is $56,798.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
100
Broadview's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Broadview, IL?

According to the most recent data on the cost of living, Broadview has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.

Compared to Illinois, Broadview has a cost of living index that's 1.1x higher than Illinois's index of 92.

The standard of living in Broadview ranks as #170 most affordable out of the 338 places we measured in Illinois. By definition, that implies Broadview ranks as the #168 most expensive place in the Prairie State.

For more reading on life in Broadview, check out:

170 out of 338
In Illinois
3,149 out of 6,412
In America

Broadview Cost Of Living Vs. Illinois

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

  • The Services index in Broadview is 114.

  • The Groceries index in Broadview is 108.

  • The Health index in Broadview is 100.

  • The Housing index in Broadview is 80.

  • The Transportation index in Broadview is 112.

  • The Utilities index in Broadview is 95.

Living Expense Broadview Illinois National Average
Overall 100 92 100
Services 114 95 100
Groceries 108 98 100
Health 100 96 100
Housing 80 81 100
Transportation 112 105 100
Utilities 95 90 100
For more reading on cost of living around Illinois, check out:
Broadview Cost of Living Vs. IL

Broadview, 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 Broadview is $177,800.

  • The Median Rent in Broadview is $1,028.

  • The Median Income in Broadview is $56,798.

  • The Home Value To Income in Broadview is 3.1x.

  • The Rent To Monthly Income in Broadview is 0.22x.

Statistic Broadview Illinois United States
Median Home Value $177,800 $212,600 $244,900
Median Rent $1,028 $1,097 $1,163
Median Income $56,798 $72,563 $69,021
Home Value To Income 3.1x 2.9x 3.5x
Rent To Monthly Income 0.22x 0.18x 0.2x
Search Homes For Sale In Broadview, IL
$177,800
Median Home Value
$1,028
Median Rent
$56,798
Median Income

Broadview, IL Costs By Category

Detailed Broadview Services Costs Vs. Illinois

Item Broadview Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed Broadview Groceries Costs Vs. Illinois

Item Broadview Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed Broadview Health Costs Vs. Illinois

Item Broadview Illinois
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Broadview Transportation Costs Vs. Illinois

Item Broadview Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Broadview Utilities Costs Vs. Illinois

Item Broadview Illinois
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Broadview SnackAbility

8
/10
Overall SnackAbility
Jobs
5/10
Housing
8
Affordability
6
Diversity
8
Safety
8
Amenities
8.5
Education
6
Commute
4

Cost Of Living In Cities Around Broadview

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

  • Wheaton, IL has a cost of living index of 118, 1.2x Broadview.

  • Glenview, IL has a cost of living index of 147, 1.5x Broadview.

  • Elmhurst, IL has a cost of living index of 131, 1.3x Broadview.

City Population Cost Of Living Vs. Broadview
Wheaton, IL 53,762 118 1.2x
Glenview, IL 48,150 147 1.5x
Elmhurst, IL 45,661 131 1.3x
Park Ridge, IL 39,562 131 1.3x
Northbrook, IL 35,108 156 1.6x
Glen Ellyn, IL 28,506 132 1.3x
Wilmette, IL 27,895 166 1.7x
Melrose Park, IL 25,417 105 1.1x
Maywood, IL 23,547 98 1.0x
Brookfield, IL 19,517 110 1.1x

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