Machesney Park, IL Cost Of Living

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

Cost Of Living In Machesney Park, IL Summary

Cost of living in Machesney Park 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 Machesney Park 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 Machesney Park is 88, with 100 being the average.

  • The cost of living index in Machesney Park is 0.9x lower than the national average.

  • Machesney Park ranks as the #82 cheapest in Illinois out of 338.

  • Machesney Park ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in Machesney Park is $127,400.

  • The median income in Machesney Park is $65,442.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
Machesney Park's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Machesney Park, IL?

According to the most recent data on the cost of living, Machesney Park has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Illinois, Machesney Park has a cost of living index that's 1.0x lower than Illinois's index of 92.

The standard of living in Machesney Park ranks as #82 most affordable out of the 338 places we measured in Illinois. By definition, that implies Machesney Park ranks as the #256 most expensive place in the Prairie State.

For more reading on life in Machesney Park, check out:

82 out of 338
In Illinois
1,278 out of 6,412
In America

Machesney Park Cost Of Living Vs. Illinois

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

  • The Services index in Machesney Park is 98.

  • The Groceries index in Machesney Park is 93.

  • The Health index in Machesney Park is 109.

  • The Housing index in Machesney Park is 73.

  • The Transportation index in Machesney Park is 108.

  • The Utilities index in Machesney Park is 90.

Living Expense Machesney Park Illinois National Average
Overall 88 92 100
Services 98 95 100
Groceries 93 98 100
Health 109 96 100
Housing 73 81 100
Transportation 108 105 100
Utilities 90 90 100
For more reading on cost of living around Illinois, check out:
Machesney Park Cost of Living Vs. IL

Machesney 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 2017-2021. The key points are:

  • The Median Home Value in Machesney Park is $127,400.

  • The Median Rent in Machesney Park is $1,028.

  • The Median Income in Machesney Park is $65,442.

  • The Home Value To Income in Machesney Park is 1.9x.

  • The Rent To Monthly Income in Machesney Park is 0.19x.

Statistic Machesney Park Illinois United States
Median Home Value $127,400 $212,600 $244,900
Median Rent $1,028 $1,097 $1,163
Median Income $65,442 $72,563 $69,021
Home Value To Income 1.9x 2.9x 3.5x
Rent To Monthly Income 0.19x 0.18x 0.2x
Search Homes For Sale In Machesney Park, IL
$127,400
Median Home Value
$1,028
Median Rent
$65,442
Median Income

Machesney Park, IL Costs By Category

Detailed Machesney Park Services Costs Vs. Illinois

Item Machesney Park Illinois
Shampoo $1.0 $1.06
Movie $11.76 $10.68
Bowling $12.42 $14.67
Haircut $15.8 $18.62
Beauty Salon $32.1 $39.05

Detailed Machesney Park Groceries Costs Vs. Illinois

Item Machesney Park Illinois
Ground Beef $3.88 $4.22
Fried Chicken $1.49 $1.39
Milk $1.57 $2.05
Potatoes $3.35 $3.29
Pizza $10.49 $10.62
Beer $8.17 $9.38
Toothpaste $2.31 $2.34

Detailed Machesney Park Health Costs Vs. Illinois

Item Machesney Park Illinois
Optometrist $73.81 $108.57
Doctor $162.33 $116.17
Dentist $102.11 $99.13

Detailed Machesney Park Transportation Costs Vs. Illinois

Item Machesney Park Illinois
Gasoline $2.39 $2.22
Tire Balancing $50.79 $50.07

Detailed Machesney Park Utilities Costs Vs. Illinois

Item Machesney Park Illinois
All Electricity $130.38 $167.67
Phone $191.29 $175.64

Machesney Park SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
7
Affordability
8.5
Diversity
6
Safety
N/A
Amenities
8.5
Education
6
Commute
8

Cost Of Living In Cities Around Machesney Park

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

  • Rockford, IL has a cost of living index of 86, 1.0x Machesney Park.

  • Beloit, WI has a cost of living index of 85, 1.0x Machesney Park.

  • Belvidere, IL has a cost of living index of 84, 1.0x Machesney Park.

City Population Cost Of Living Vs. Machesney Park
Rockford, IL 148,942 86 1.0x
Beloit, WI 36,567 85 1.0x
Belvidere, IL 25,179 84 1.0x
Loves Park, IL 23,223 86 1.0x
Roscoe, IL 11,092 97 1.1x
Rockton, IL 8,051 94 1.1x
South Beloit, IL 7,943 86 1.0x
Candlewick Lake, IL 5,154 93 1.1x

Articles About Illinois

Enjoy The Snack?