Cost of living in Minooka 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 Minooka 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 Minooka is 109, with 100 being the average.
The cost of living index in Minooka is 1.1x higher than the national average.
Minooka ranks as the #208 cheapest in Illinois out of 336.
Minooka ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Minooka is $364,139.
The median income in Minooka is $122,163.
According to the most recent data on the cost of living, Minooka has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Illinois, Minooka has a cost of living index that's 1.1x higher than Illinois's index of 97.
The standard of living in Minooka ranks as #208 most affordable out of the 336 places we measured in Illinois. By definition, that implies Minooka ranks as the #128 most expensive place in the Prairie State.
For more reading on life in Minooka, check out:
Six factors go into calculating the cost of living index in Minooka. Here is how it fairs on each of the criteria:
The Services index in Minooka is 108.
The Groceries index in Minooka is 99.
The Health index in Minooka is 99.
The Housing index in Minooka is 133.
The Transportation index in Minooka is 112.
The Utilities index in Minooka is 80.
| Living Expense | Minooka | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 109 | 97 | 100 | |
| Services | 108 | 95 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 99 | 93 | 100 | |
| Housing | 133 | 95 | 100 | |
| Transportation | 112 | 102 | 100 | |
| Utilities | 80 | 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 Minooka is $364,139.
The Median Rent in Minooka is $1,780.
The Median Income in Minooka is $122,163.
The Home Value To Income in Minooka is 3.0x.
The Rent To Monthly Income in Minooka is 0.17x.
The cost of living varies in the cities and towns around Minooka. Here's a quick look at the cost of living in the most populous nearby places:
Joliet, IL has a cost of living index of 101, 0.9x Minooka.
Bolingbrook, IL has a cost of living index of 111, 1.0x Minooka.
Plainfield, IL has a cost of living index of 123, 1.1x Minooka.
| City | Population | Cost Of Living | Vs. Minooka |
|---|---|---|---|
| Joliet, IL | 149,785 | 101 | 0.9x |
| Bolingbrook, IL | 73,813 | 111 | 1.0x |
| Plainfield, IL | 45,705 | 123 | 1.1x |
| Oswego, IL | 35,463 | 115 | 1.1x |
| New Lenox, IL | 27,456 | 119 | 1.1x |
| Lockport, IL | 26,228 | 112 | 1.0x |
| Yorkville, IL | 22,350 | 111 | 1.0x |
| Shorewood, IL | 18,218 | 116 | 1.1x |
| Morris, IL | 14,775 | 103 | 0.9x |
| Channahon, IL | 13,854 | 114 | 1.0x |