Kankakee, IL Cost Of Living
Cost Of Living In Kankakee, IL Summary
Cost of living in Kankakee 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 Kankakee 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 Kankakee is 85, with 100 being the average.
The cost of living index in Kankakee is 0.8x lower than the national average.
Kankakee ranks as the #46 cheapest in Illinois out of 336.
Kankakee ranks as the #511 cheapest out of 6,489 in the US.
The median home value in Kankakee is $150,181.
The median income in Kankakee is $45,119.
Table Of Contents
Kankakee's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Kankakee, IL?
According to the most recent data on the cost of living, Kankakee has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Illinois, Kankakee has a cost of living index that's 0.9x lower than Illinois's index of 97.
The standard of living in Kankakee ranks as #46 most affordable out of the 336 places we measured in Illinois. By definition, that implies Kankakee ranks as the #290 most expensive place in the Prairie State.
For more reading on life in Kankakee, check out:
In Illinois
In America
Kankakee Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Kankakee. Here is how it fairs on each of the criteria:
The Services index in Kankakee is 94.
The Groceries index in Kankakee is 99.
The Health index in Kankakee is 91.
The Housing index in Kankakee is 59.
The Transportation index in Kankakee is 96.
The Utilities index in Kankakee is 91.
| Living Expense | Kankakee | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 85 | 97 | 100 | |
| Services | 94 | 95 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 91 | 93 | 100 | |
| Housing | 59 | 95 | 100 | |
| Transportation | 96 | 102 | 100 | |
| Utilities | 91 | 91 | 100 | |
Kankakee, 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 2019-2023. The key points are:
The Median Home Value in Kankakee is $150,181.
The Median Rent in Kankakee is $986.
The Median Income in Kankakee is $45,119.
The Home Value To Income in Kankakee is 3.3x.
The Rent To Monthly Income in Kankakee is 0.26x.
Median Home Value
Median Rent
Median Income
Kankakee, IL Costs By Category
Detailed Kankakee Services Costs Vs. Illinois
Detailed Kankakee Groceries Costs Vs. Illinois
Detailed Kankakee Health Costs Vs. Illinois
Detailed Kankakee Transportation Costs Vs. Illinois
Detailed Kankakee Utilities Costs Vs. Illinois
Kankakee SnackAbility
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Cost Of Living In Cities Around Kankakee
The cost of living varies in the cities and towns around Kankakee. 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, 1.6x Kankakee.
Tinley Park, IL has a cost of living index of 109, 1.3x Kankakee.
Downers Grove, IL has a cost of living index of 125, 1.5x Kankakee.
| City | Population | Cost Of Living | Vs. Kankakee |
|---|---|---|---|
| Naperville, IL | 149,424 | 133 | 1.6x |
| Tinley Park, IL | 55,007 | 109 | 1.3x |
| Downers Grove, IL | 49,867 | 125 | 1.5x |
| Lisle, IL | 23,413 | 124 | 1.5x |
| Darien, IL | 21,855 | 121 | 1.4x |
| Bourbonnais, IL | 18,109 | 99 | 1.2x |
| Hinsdale, IL | 17,155 | 191 | 2.2x |
| La Grange, IL | 15,999 | 144 | 1.7x |
| Bradley, IL | 15,331 | 94 | 1.1x |
| Western Springs, IL | 13,353 | 160 | 1.9x |
