Cost of living in Calumet City 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 Calumet City 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 Calumet City is 94, with 100 being the average.
The cost of living index in Calumet City is 0.9x lower than the national average.
Calumet City ranks as the #107 cheapest in Illinois out of 336.
Calumet City ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Calumet City is $156,902.
The median income in Calumet City is $53,991.
According to the most recent data on the cost of living, Calumet City has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Illinois, Calumet City has a cost of living index that's 1.0x lower than Illinois's index of 98.
The standard of living in Calumet City ranks as #107 most affordable out of the 336 places we measured in Illinois. By definition, that implies Calumet City ranks as the #229 most expensive place in the Prairie State.
For more reading on life in Calumet City, check out:
Six factors go into calculating the cost of living index in Calumet City. Here is how it fairs on each of the criteria:
The Services index in Calumet City is 107.
The Groceries index in Calumet City is 105.
The Health index in Calumet City is 106.
The Housing index in Calumet City is 72.
The Transportation index in Calumet City is 106.
The Utilities index in Calumet City is 91.
| Living Expense | Calumet City | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 94 | 98 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 106 | 96 | 100 | |
| Housing | 72 | 94 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 91 | 87 | 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 Calumet City is $156,902.
The Median Rent in Calumet City is $1,138.
The Median Income in Calumet City is $53,991.
The Home Value To Income in Calumet City is 2.9x.
The Rent To Monthly Income in Calumet City is 0.25x.
| Statistic | Calumet City | Illinois | United States |
|---|---|---|---|
| Median Home Value | $156,902 | $283,508 | $303,400 |
| Median Rent | $1,138 | $1,227 | $1,348 |
| Median Income | $53,991 | $81,702 | $78,538 |
| Home Value To Income | 2.9x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.18x | 0.21x |
| Item | Calumet City | Illinois |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $17.91 | $12.13 |
| Bowling | $24.58 | $18.0 |
| Haircut | $33.69 | $24.26 |
| Beauty Salon | $53.44 | $45.56 |
| Item | Calumet City | 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 |
| Item | Calumet City | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
| Item | Calumet City | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
| Item | Calumet City | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |