What is the cost of living in Markham, IL?
According to the most recent data on the cost of living, Markham has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Illinois, Markham has a cost of living index that's 1.0x lower than Illinois's index of 98.
The standard of living in Markham ranks as #107 most affordable out of the 336 places we measured in Illinois. By definition, that implies Markham ranks as the #229 most expensive place in the Prairie State.
For more reading on life in Markham, check out:
Markham Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Markham. Here is how it fares on each of the criteria:
The Services index in Markham is 103.
The Groceries index in Markham is 99.
The Health index in Markham is 80.
The Housing index in Markham is 106.
The Transportation index in Markham is 100.
The Utilities index in Markham is 102.
| Living Expense | Markham | Illinois | National Average |
|---|---|---|---|
| Overall | 95 | 98 | 100 |
| Services | 103 | 99 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 80 | 96 | 100 |
| Housing | 106 | 101 | 100 |
| Transportation | 100 | 99 | 100 |
| Utilities | 102 | 101 | 100 |
Markham 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 Markham Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Markham, 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 Markham is $148,543.
The Median Rent in Markham is $1,621.
The Median Income in Markham is $57,302.
The Home Value To Income in Markham is 2.6x.
The Rent To Monthly Income in Markham is 0.34x.
Markham, IL Costs By Category
Detailed Markham Services costs vs. Illinois
Detailed Markham Groceries costs vs. Illinois
Detailed Markham Health costs vs. Illinois
Detailed Markham Transportation costs vs. Illinois
Markham SnackAbility
Cost Of Living In Cities Around Markham
The cost of living varies in the cities and towns around Markham. Here's a quick look at the cost of living in the most populous nearby places:
Tinley Park, IL has a cost of living index of 111, 1.2x Markham.
Westmont, IL has a cost of living index of 115, 1.2x Markham.
Darien, IL has a cost of living index of 120, 1.3x Markham.
| City | Population | Cost Of Living | Vs. Markham |
|---|---|---|---|
| Tinley Park, IL | 54,842 | 111 | 1.2x |
| Westmont, IL | 23,724 | 115 | 1.2x |
| Darien, IL | 21,879 | 120 | 1.3x |
| Harvey, IL | 20,230 | 88 | 0.9x |
| Homewood, IL | 19,294 | 100 | 1.1x |
| Hinsdale, IL | 17,175 | 191 | 2.0x |
| Country Club Hills, IL | 16,324 | 99 | 1.0x |
| La Grange, IL | 15,998 | 143 | 1.5x |
| Midlothian, IL | 13,948 | 98 | 1.0x |
| Hazel Crest, IL | 13,792 | 95 | 1.0x |
