Calumet Park, IL Cost Of Living
Cost Of Living In Calumet Park, IL Summary
Cost of living in Calumet Park 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 Park 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 Park is 92, with 100 being the average.
The cost of living index in Calumet Park is 0.9x lower than the national average.
Calumet Park ranks as the #92 cheapest in Illinois out of 336.
Calumet Park ranks as the #1,501 cheapest out of 6,489 in the US.
The median home value in Calumet Park is $159,518.
The median income in Calumet Park is $57,389.
Table Of Contents
Calumet Park's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Calumet Park, IL?
According to the most recent data on the cost of living, Calumet Park has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Illinois, Calumet Park has a cost of living index that's 0.9x lower than Illinois's index of 97.
The standard of living in Calumet Park ranks as #92 most affordable out of the 336 places we measured in Illinois. By definition, that implies Calumet Park ranks as the #244 most expensive place in the Prairie State.
For more reading on life in Calumet Park, check out:
In Illinois
In America
Calumet Park Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Calumet Park. Here is how it fairs on each of the criteria:
The Services index in Calumet Park is 106.
The Groceries index in Calumet Park is 103.
The Health index in Calumet Park is 107.
The Housing index in Calumet Park is 72.
The Transportation index in Calumet Park is 108.
The Utilities index in Calumet Park is 87.
| Living Expense | Calumet Park | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 92 | 97 | 100 | |
| Services | 106 | 95 | 100 | |
| Groceries | 103 | 99 | 100 | |
| Health | 107 | 93 | 100 | |
| Housing | 72 | 95 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 87 | 91 | 100 | |
Calumet Park, 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 Calumet Park is $159,518.
The Median Rent in Calumet Park is $1,157.
The Median Income in Calumet Park is $57,389.
The Home Value To Income in Calumet Park is 2.8x.
The Rent To Monthly Income in Calumet Park is 0.24x.
| Statistic | Calumet Park | Illinois | United States |
|---|---|---|---|
| Median Home Value | $159,518 | $283,508 | $303,400 |
| Median Rent | $1,157 | $1,227 | $1,348 |
| Median Income | $57,389 | $81,702 | $78,538 |
| Home Value To Income | 2.8x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Calumet Park, IL Costs By Category
Detailed Calumet Park Services Costs Vs. Illinois
| Item | Calumet Park | 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 Calumet Park Groceries Costs Vs. Illinois
| Item | Calumet Park | 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 Calumet Park Health Costs Vs. Illinois
| Item | Calumet Park | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Calumet Park Transportation Costs Vs. Illinois
| Item | Calumet Park | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Calumet Park Utilities Costs Vs. Illinois
| Item | Calumet Park | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Calumet Park SnackAbility
/10
Cost Of Living In Cities Around Calumet Park
The cost of living varies in the cities and towns around Calumet Park. Here's a quick look at the cost of living in the most populous nearby places:
Tinley Park, IL has a cost of living index of 109, 1.2x Calumet Park.
Westmont, IL has a cost of living index of 119, 1.3x Calumet Park.
Blue Island, IL has a cost of living index of 95, 1.0x Calumet Park.
| City | Population | Cost Of Living | Vs. Calumet Park |
|---|---|---|---|
| Tinley Park, IL | 55,007 | 109 | 1.2x |
| Westmont, IL | 24,201 | 119 | 1.3x |
| Blue Island, IL | 23,416 | 95 | 1.0x |
| Darien, IL | 21,855 | 121 | 1.3x |
| Dolton, IL | 20,979 | 97 | 1.1x |
| Harvey, IL | 19,831 | 89 | 1.0x |
| Alsip, IL | 18,650 | 102 | 1.1x |
| Hinsdale, IL | 17,155 | 191 | 2.1x |
| La Grange, IL | 15,999 | 144 | 1.6x |
| Western Springs, IL | 13,353 | 160 | 1.7x |
