Cary, IL Cost Of Living

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

Cost Of Living In Cary, IL Summary

Cost of living in Cary 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 Cary 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 Cary is 110, with 100 being the average.

  • The cost of living index in Cary is 1.1x higher than the national average.

  • Cary ranks as the #242 cheapest in Illinois out of 338.

  • Cary ranks as the #4,128 cheapest out of 6,412 in the US.

  • The median home value in Cary is $245,400.

  • The median income in Cary is $106,940.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
110
Cary's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Cary, IL?

According to the most recent data on the cost of living, Cary has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.

Compared to Illinois, Cary has a cost of living index that's 1.2x higher than Illinois's index of 92.

The standard of living in Cary ranks as #242 most affordable out of the 338 places we measured in Illinois. By definition, that implies Cary ranks as the #96 most expensive place in the Prairie State.

For more reading on life in Cary, check out:

242 out of 338
In Illinois
4,128 out of 6,412
In America

Cary Cost Of Living Vs. Illinois

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

  • The Services index in Cary is 116.

  • The Groceries index in Cary is 106.

  • The Health index in Cary is 101.

  • The Housing index in Cary is 117.

  • The Transportation index in Cary is 115.

  • The Utilities index in Cary is 94.

Living Expense Cary Illinois National Average
Overall 110 92 100
Services 116 95 100
Groceries 106 98 100
Health 101 96 100
Housing 117 81 100
Transportation 115 105 100
Utilities 94 90 100
For more reading on cost of living around Illinois, check out:
Cary Cost of Living Vs. IL

Cary, 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 Cary is $245,400.

  • The Median Rent in Cary is $1,391.

  • The Median Income in Cary is $106,940.

  • The Home Value To Income in Cary is 2.3x.

  • The Rent To Monthly Income in Cary is 0.16x.

Statistic Cary Illinois United States
Median Home Value $245,400 $212,600 $244,900
Median Rent $1,391 $1,097 $1,163
Median Income $106,940 $72,563 $69,021
Home Value To Income 2.3x 2.9x 3.5x
Rent To Monthly Income 0.16x 0.18x 0.2x
Search Homes For Sale In Cary, IL
$245,400
Median Home Value
$1,391
Median Rent
$106,940
Median Income

Cary, IL Costs By Category

Detailed Cary Services Costs Vs. Illinois

Item Cary 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 Cary Groceries Costs Vs. Illinois

Item Cary 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 Cary Health Costs Vs. Illinois

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

Detailed Cary Transportation Costs Vs. Illinois

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

Detailed Cary Utilities Costs Vs. Illinois

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

Cary SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8.5
Diversity
6
Safety
9.5
Amenities
9
Education
9
Commute
5

Cost Of Living In Cities Around Cary

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

  • Arlington Heights, IL has a cost of living index of 125, 1.1x Cary.

  • Mount Prospect, IL has a cost of living index of 121, 1.1x Cary.

  • Buffalo Grove, IL has a cost of living index of 121, 1.1x Cary.

City Population Cost Of Living Vs. Cary
Arlington Heights, IL 77,283 125 1.1x
Mount Prospect, IL 56,510 121 1.1x
Buffalo Grove, IL 43,062 121 1.1x
Bartlett, IL 41,126 117 1.1x
Crystal Lake, IL 40,082 103 0.9x
Algonquin, IL 29,869 109 1.0x
Lake in the Hills, IL 29,024 106 1.0x
Vernon Hills, IL 26,723 126 1.1x
Libertyville, IL 20,616 134 1.2x
Lake Zurich, IL 19,807 125 1.1x

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