Burr Ridge, IL Cost Of Living
Cost Of Living In Burr Ridge, IL Summary
Cost of living in Burr Ridge 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 Burr Ridge 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 Burr Ridge is 169, with 100 being the average.
The cost of living index in Burr Ridge is 1.7x higher than the national average.
Burr Ridge ranks as the #327 cheapest in Illinois out of 336.
Burr Ridge ranks as the #6,049 cheapest out of 6,489 in the US.
The median home value in Burr Ridge is $813,087.
The median income in Burr Ridge is $154,508.
Table Of Contents
Burr Ridge's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Burr Ridge, IL?
According to the most recent data on the cost of living, Burr Ridge has an overall cost of living index of 169, which is 1.7x higher than the national index of 100.
Compared to Illinois, Burr Ridge has a cost of living index that's 1.7x higher than Illinois's index of 97.
The standard of living in Burr Ridge ranks as #327 most affordable out of the 336 places we measured in Illinois. By definition, that implies Burr Ridge ranks as the #9 most expensive place in the Prairie State.
For more reading on life in Burr Ridge, check out:
In Illinois
In America
Burr Ridge Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Burr Ridge. Here is how it fairs on each of the criteria:
The Services index in Burr Ridge is 109.
The Groceries index in Burr Ridge is 105.
The Health index in Burr Ridge is 109.
The Housing index in Burr Ridge is 319.
The Transportation index in Burr Ridge is 107.
The Utilities index in Burr Ridge is 90.
| Living Expense | Burr Ridge | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 169 | 97 | 100 | |
| Services | 109 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 109 | 93 | 100 | |
| Housing | 319 | 95 | 100 | |
| Transportation | 107 | 102 | 100 | |
| Utilities | 90 | 91 | 100 | |
Burr Ridge, 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 2019-2023. The key points are:
The Median Home Value in Burr Ridge is $813,087.
The Median Rent in Burr Ridge is $3,000.
The Median Income in Burr Ridge is $154,508.
The Home Value To Income in Burr Ridge is 5.3x.
The Rent To Monthly Income in Burr Ridge is 0.23x.
| Statistic | Burr Ridge | Illinois | United States |
|---|---|---|---|
| Median Home Value | $813,087 | $283,508 | $303,400 |
| Median Rent | $3,000 | $1,227 | $1,348 |
| Median Income | $154,508 | $81,702 | $78,538 |
| Home Value To Income | 5.3x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Burr Ridge, IL Costs By Category
Detailed Burr Ridge Services Costs Vs. Illinois
| Item | Burr Ridge | 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 Burr Ridge Groceries Costs Vs. Illinois
| Item | Burr Ridge | 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 Burr Ridge Health Costs Vs. Illinois
| Item | Burr Ridge | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Burr Ridge Transportation Costs Vs. Illinois
| Item | Burr Ridge | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Burr Ridge Utilities Costs Vs. Illinois
| Item | Burr Ridge | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Burr Ridge SnackAbility
/10
Cost Of Living In Cities Around Burr Ridge
The cost of living varies in the cities and towns around Burr Ridge. 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 133, 0.8x Burr Ridge.
Wheaton, IL has a cost of living index of 128, 0.8x Burr Ridge.
Elmhurst, IL has a cost of living index of 139, 0.8x Burr Ridge.
| City | Population | Cost Of Living | Vs. Burr Ridge |
|---|---|---|---|
| Naperville, IL | 149,424 | 133 | 0.8x |
| Wheaton, IL | 53,453 | 128 | 0.8x |
| Elmhurst, IL | 45,538 | 139 | 0.8x |
| Park Ridge, IL | 39,241 | 138 | 0.8x |
| Glen Ellyn, IL | 28,270 | 135 | 0.8x |
| Westmont, IL | 24,201 | 119 | 0.7x |
| Lisle, IL | 23,413 | 124 | 0.7x |
| Darien, IL | 21,855 | 121 | 0.7x |
| Hinsdale, IL | 17,155 | 191 | 1.1x |
| Western Springs, IL | 13,353 | 160 | 0.9x |
