Cost of living in Joliet 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 Joliet 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 Joliet is 101, with 100 being the average.
The cost of living index in Joliet is 1.0x higher than the national average.
Joliet ranks as the #152 cheapest in Illinois out of 336.
Joliet ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Joliet is $257,768.
The median income in Joliet is $88,026.
According to the most recent data on the cost of living, Joliet has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Illinois, Joliet has a cost of living index that's 1.0x higher than Illinois's index of 97.
The standard of living in Joliet ranks as #152 most affordable out of the 336 places we measured in Illinois. By definition, that implies Joliet ranks as the #184 most expensive place in the Prairie State.
For more reading on life in Joliet, check out:
Six factors go into calculating the cost of living index in Joliet. Here is how it fairs on each of the criteria:
The Services index in Joliet is 107.
The Groceries index in Joliet is 95.
The Health index in Joliet is 100.
The Housing index in Joliet is 108.
The Transportation index in Joliet is 113.
The Utilities index in Joliet is 81.
| Living Expense | Joliet | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 101 | 97 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 100 | 93 | 100 | |
| Housing | 108 | 95 | 100 | |
| Transportation | 113 | 102 | 100 | |
| Utilities | 81 | 91 | 100 | |
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 Joliet is $257,768.
The Median Rent in Joliet is $1,237.
The Median Income in Joliet is $88,026.
The Home Value To Income in Joliet is 2.9x.
The Rent To Monthly Income in Joliet is 0.17x.
The cost of living varies in the cities and towns around Joliet. Here's a quick look at the cost of living in the most populous nearby places:
Naperville, IL has a cost of living index of 133, 1.3x Joliet.
Orland Park, IL has a cost of living index of 113, 1.1x Joliet.
Tinley Park, IL has a cost of living index of 109, 1.1x Joliet.
| City | Population | Cost Of Living | Vs. Joliet |
|---|---|---|---|
| Naperville, IL | 149,424 | 133 | 1.3x |
| Orland Park, IL | 57,961 | 113 | 1.1x |
| Tinley Park, IL | 55,007 | 109 | 1.1x |
| Plainfield, IL | 45,705 | 123 | 1.2x |
| Romeoville, IL | 40,996 | 111 | 1.1x |
| Woodridge, IL | 33,889 | 115 | 1.1x |
| Lockport, IL | 26,228 | 112 | 1.1x |
| Lisle, IL | 23,413 | 124 | 1.2x |
| Darien, IL | 21,855 | 121 | 1.2x |
| Crest Hill, IL | 19,754 | 102 | 1.0x |