Calumet Park, IL Cost Of Living

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

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 96, with 100 being the average.

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

  • Calumet Park ranks as the #134 cheapest in Illinois out of 338.

  • Calumet Park ranks as the #2,601 cheapest out of 6,412 in the US.

  • The median home value in Calumet Park is $118,600.

  • The median income in Calumet Park is $52,696.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
96
Calumet Park's Overall Cost Of Living
1.0x
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 96, which is 1.0x lower than the national index of 100.

Compared to Illinois, Calumet Park has a cost of living index that's 1.0x higher than Illinois's index of 92.

The standard of living in Calumet Park ranks as #134 most affordable out of the 338 places we measured in Illinois. By definition, that implies Calumet Park ranks as the #204 most expensive place in the Prairie State.

For more reading on life in Calumet Park, check out:

134 out of 338
In Illinois
2,601 out of 6,412
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 112.

  • The Groceries index in Calumet Park is 108.

  • The Health index in Calumet Park is 98.

  • The Housing index in Calumet Park is 69.

  • The Transportation index in Calumet Park is 116.

  • The Utilities index in Calumet Park is 94.

Living Expense Calumet Park Illinois National Average
Overall 96 92 100
Services 112 95 100
Groceries 108 98 100
Health 98 96 100
Housing 69 81 100
Transportation 116 105 100
Utilities 94 90 100
For more reading on cost of living around Illinois, check out:
Calumet Park Cost of Living Vs. IL

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 2017-2021. The key points are:

  • The Median Home Value in Calumet Park is $118,600.

  • The Median Rent in Calumet Park is $983.

  • The Median Income in Calumet Park is $52,696.

  • The Home Value To Income in Calumet Park is 2.3x.

  • The Rent To Monthly Income in Calumet Park is 0.22x.

Statistic Calumet Park Illinois United States
Median Home Value $118,600 $212,600 $244,900
Median Rent $983 $1,097 $1,163
Median Income $52,696 $72,563 $69,021
Home Value To Income 2.3x 2.9x 3.5x
Rent To Monthly Income 0.22x 0.18x 0.2x
Search Homes For Sale In Calumet Park, IL
$118,600
Median Home Value
$983
Median Rent
$52,696
Median Income

Calumet Park, IL Costs By Category

Detailed Calumet Park Services Costs Vs. Illinois

Item Calumet Park 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 Calumet Park Groceries Costs Vs. Illinois

Item Calumet Park 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 Calumet Park Health Costs Vs. Illinois

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

Detailed Calumet Park Transportation Costs Vs. Illinois

Item Calumet Park Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Calumet Park Utilities Costs Vs. Illinois

Item Calumet Park Illinois
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Calumet Park SnackAbility

4
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
8
Diversity
5
Safety
N/A
Amenities
9
Education
6
Commute
4

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 105, 1.1x Calumet Park.

  • Westmont, IL has a cost of living index of 120, 1.2x Calumet Park.

  • Blue Island, IL has a cost of living index of 96, 1.0x Calumet Park.

City Population Cost Of Living Vs. Calumet Park
Tinley Park, IL 55,988 105 1.1x
Westmont, IL 24,632 120 1.2x
Blue Island, IL 22,934 96 1.0x
Darien, IL 22,087 111 1.2x
Dolton, IL 21,588 99 1.0x
Harvey, IL 20,751 91 0.9x
Alsip, IL 19,036 104 1.1x
Hinsdale, IL 17,148 193 2.0x
La Grange, IL 16,220 137 1.4x
Western Springs, IL 13,550 153 1.6x

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