What is the cost of living in Elmwood Park, IL?
According to the most recent data on the cost of living, Elmwood Park has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Illinois, Elmwood Park has a cost of living index that's 1.1x higher than Illinois's index of 98.
The standard of living in Elmwood Park ranks as #239 most affordable out of the 336 places we measured in Illinois. By definition, that implies Elmwood Park ranks as the #97 most expensive place in the Prairie State.
For more reading on life in Elmwood Park, check out:
Elmwood Park Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Elmwood Park. Here is how it fares on each of the criteria:
The Services index in Elmwood Park is 99.
The Groceries index in Elmwood Park is 98.
The Health index in Elmwood Park is 139.
The Housing index in Elmwood Park is 102.
The Transportation index in Elmwood Park is 95.
The Utilities index in Elmwood Park is 98.
| Living Expense | Elmwood Park | Illinois | National Average |
|---|---|---|---|
| Overall | 112 | 98 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 139 | 96 | 100 |
| Housing | 102 | 101 | 100 |
| Transportation | 95 | 99 | 100 |
| Utilities | 98 | 101 | 100 |
Elmwood Park 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 Elmwood Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Elmwood 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 2020-2024. The key points are:
The Median Home Value in Elmwood Park is $338,383.
The Median Rent in Elmwood Park is $1,334.
The Median Income in Elmwood Park is $91,955.
The Home Value To Income in Elmwood Park is 3.7x.
The Rent To Monthly Income in Elmwood Park is 0.17x.
| Statistic | Elmwood Park | Illinois | United States |
|---|---|---|---|
| Median Home Value | $338,383 | $285,735 | $332,700 |
| Median Rent | $1,334 | $1,274 | $1,413 |
| Median Income | $91,955 | $83,390 | $80,734 |
| Home Value To Income | 3.7x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.21x |
Elmwood Park, IL Costs By Category
Detailed Elmwood Park Services costs vs. Illinois
| Item | Elmwood 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 Elmwood Park Groceries costs vs. Illinois
| Item | Elmwood 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 Elmwood Park Health costs vs. Illinois
| Item | Elmwood Park | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Elmwood Park Transportation costs vs. Illinois
| Item | Elmwood Park | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Elmwood Park Utilities costs vs. Illinois
| Item | Elmwood Park | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Elmwood Park SnackAbility
Cost Of Living In Cities Around Elmwood Park
The cost of living varies in the cities and towns around Elmwood Park. Here's a quick look at the cost of living in the most populous nearby places:
Oak Park, IL has a cost of living index of 125, 1.1x Elmwood Park.
Glenview, IL has a cost of living index of 146, 1.3x Elmwood Park.
Elmhurst, IL has a cost of living index of 134, 1.2x Elmwood Park.
| City | Population | Cost Of Living | Vs. Elmwood Park |
|---|---|---|---|
| Oak Park, IL | 53,292 | 125 | 1.1x |
| Glenview, IL | 47,752 | 146 | 1.3x |
| Elmhurst, IL | 45,671 | 134 | 1.2x |
| Buffalo Grove, IL | 42,891 | 126 | 1.1x |
| Park Ridge, IL | 38,667 | 135 | 1.2x |
| Northbrook, IL | 34,585 | 151 | 1.3x |
| Highland Park, IL | 30,398 | 144 | 1.3x |
| Wilmette, IL | 27,503 | 161 | 1.4x |
| Melrose Park, IL | 24,549 | 104 | 0.9x |
| Maywood, IL | 23,201 | 95 | 0.8x |
