What is the cost of living in Deerfield, IL?
According to the most recent data on the cost of living, Deerfield has an overall cost of living index of 148, which is 1.5x higher than the national index of 100.
Compared to Illinois, Deerfield has a cost of living index that's 1.5x higher than Illinois's index of 98.
The standard of living in Deerfield ranks as #319 most affordable out of the 336 places we measured in Illinois. By definition, that implies Deerfield ranks as the #17 most expensive place in the Prairie State.
For more reading on life in Deerfield, check out:
Deerfield Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Deerfield. Here is how it fares on each of the criteria:
The Services index in Deerfield is 96.
The Groceries index in Deerfield is 100.
The Health index in Deerfield is 258.
The Housing index in Deerfield is 99.
The Transportation index in Deerfield is 100.
The Utilities index in Deerfield is 99.
| Living Expense | Deerfield | Illinois | National Average |
|---|---|---|---|
| Overall | 148 | 98 | 100 |
| Services | 96 | 99 | 100 |
| Groceries | 100 | 99 | 100 |
| Health | 258 | 96 | 100 |
| Housing | 99 | 101 | 100 |
| Transportation | 100 | 99 | 100 |
| Utilities | 99 | 101 | 100 |
Deerfield Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Deerfield Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Deerfield, 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 2020-2024. The key points are:
The Median Home Value in Deerfield is $635,444.
The Median Rent in Deerfield is $2,482.
The Median Income in Deerfield is $181,660.
The Home Value To Income in Deerfield is 3.5x.
The Rent To Monthly Income in Deerfield is 0.16x.
Deerfield, IL Costs By Category
Detailed Deerfield Services costs vs. Illinois
Detailed Deerfield Groceries costs vs. Illinois
Detailed Deerfield Health costs vs. Illinois
Detailed Deerfield Transportation costs vs. Illinois
Deerfield SnackAbility
Cost Of Living In Cities Around Deerfield
The cost of living varies in the cities and towns around Deerfield. 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, 0.8x Deerfield.
Glenview, IL has a cost of living index of 146, 1.0x Deerfield.
Elmhurst, IL has a cost of living index of 134, 0.9x Deerfield.
| City | Population | Cost Of Living | Vs. Deerfield |
|---|---|---|---|
| Arlington Heights, IL | 76,005 | 125 | 0.8x |
| Glenview, IL | 47,752 | 146 | 1.0x |
| Elmhurst, IL | 45,671 | 134 | 0.9x |
| Buffalo Grove, IL | 42,891 | 126 | 0.9x |
| Park Ridge, IL | 38,667 | 135 | 0.9x |
| Wheeling, IL | 38,433 | 103 | 0.7x |
| Northbrook, IL | 34,585 | 151 | 1.0x |
| Highland Park, IL | 30,398 | 144 | 1.0x |
| Wilmette, IL | 27,503 | 161 | 1.1x |
| Lake Zurich, IL | 19,832 | 122 | 0.8x |
