Cost of living in Manteno 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 Manteno 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 Manteno is 98, with 100 being the average.
The cost of living index in Manteno is 1.0x lower than the national average.
Manteno ranks as the #130 cheapest in Illinois out of 336.
Manteno ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Manteno is $310,606.
The median income in Manteno is $96,057.
According to the most recent data on the cost of living, Manteno has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Illinois, Manteno has a cost of living index that's 1.0x higher than Illinois's index of 97.
The standard of living in Manteno ranks as #130 most affordable out of the 336 places we measured in Illinois. By definition, that implies Manteno ranks as the #206 most expensive place in the Prairie State.
For more reading on life in Manteno, check out:
Six factors go into calculating the cost of living index in Manteno. Here is how it fairs on each of the criteria:
The Services index in Manteno is 97.
The Groceries index in Manteno is 95.
The Health index in Manteno is 92.
The Housing index in Manteno is 105.
The Transportation index in Manteno is 97.
The Utilities index in Manteno is 90.
| Living Expense | Manteno | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 98 | 97 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 92 | 93 | 100 | |
| Housing | 105 | 95 | 100 | |
| Transportation | 97 | 102 | 100 | |
| Utilities | 90 | 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 Manteno is $310,606.
The Median Rent in Manteno is $1,072.
The Median Income in Manteno is $96,057.
The Home Value To Income in Manteno is 3.2x.
The Rent To Monthly Income in Manteno is 0.13x.
The cost of living varies in the cities and towns around Manteno. Here's a quick look at the cost of living in the most populous nearby places:
New Lenox, IL has a cost of living index of 119, 1.2x Manteno.
Kankakee, IL has a cost of living index of 85, 0.9x Manteno.
Frankfort, IL has a cost of living index of 128, 1.3x Manteno.
| City | Population | Cost Of Living | Vs. Manteno |
|---|---|---|---|
| New Lenox, IL | 27,456 | 119 | 1.2x |
| Kankakee, IL | 24,384 | 85 | 0.9x |
| Frankfort, IL | 20,417 | 128 | 1.3x |
| Mokena, IL | 19,906 | 118 | 1.2x |
| Matteson, IL | 18,681 | 104 | 1.1x |
| Bourbonnais, IL | 18,109 | 99 | 1.0x |
| Bradley, IL | 15,331 | 94 | 1.0x |
| Richton Park, IL | 12,576 | 100 | 1.0x |
| Manhattan, IL | 10,315 | 107 | 1.1x |
| Frankfort Square, IL | 9,777 | 108 | 1.1x |