Monee, IL Cost Of Living
Cost Of Living In Monee, IL Summary
Cost of living in Monee 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 Monee 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 Monee is 91, with 100 being the average.
The cost of living index in Monee is 0.9x lower than the national average.
Monee ranks as the #101 cheapest in Illinois out of 338.
Monee ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Monee is $194,300.
The median income in Monee is $79,013.
Table Of Contents
Monee's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Monee, IL?
According to the most recent data on the cost of living, Monee has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Illinois, Monee has a cost of living index that's 1.0x lower than Illinois's index of 92.
The standard of living in Monee ranks as #101 most affordable out of the 338 places we measured in Illinois. By definition, that implies Monee ranks as the #237 most expensive place in the Prairie State.
For more reading on life in Monee, check out:
- Living In Monee
- Monee Crime Report
- Search Homes For Sale In Monee, IL
In Illinois
In America
Monee Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Monee. Here is how it fairs on each of the criteria:
The Services index in Monee is 96.
The Groceries index in Monee is 94.
The Health index in Monee is 111.
The Housing index in Monee is 80.
The Transportation index in Monee is 110.
The Utilities index in Monee is 90.
| Living Expense | Monee | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 91 | 92 | 100 | |
| Services | 96 | 95 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 111 | 96 | 100 | |
| Housing | 80 | 81 | 100 | |
| Transportation | 110 | 105 | 100 | |
| Utilities | 90 | 90 | 100 | |
Monee, 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 Monee is $194,300.
The Median Rent in Monee is $856.
The Median Income in Monee is $79,013.
The Home Value To Income in Monee is 2.5x.
The Rent To Monthly Income in Monee is 0.13x.
| Statistic | Monee | Illinois | United States |
|---|---|---|---|
| Median Home Value | $194,300 | $212,600 | $244,900 |
| Median Rent | $856 | $1,097 | $1,163 |
| Median Income | $79,013 | $72,563 | $69,021 |
| Home Value To Income | 2.5x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Monee, IL Costs By Category
Detailed Monee Services Costs Vs. Illinois
Detailed Monee Groceries Costs Vs. Illinois
Detailed Monee Health Costs Vs. Illinois
Detailed Monee Transportation Costs Vs. Illinois
Detailed Monee Utilities Costs Vs. Illinois
Monee SnackAbility
/10
Cost Of Living In Cities Around Monee
The cost of living varies in the cities and towns around Monee. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 112, 1.2x Monee.
Tinley Park, IL has a cost of living index of 105, 1.2x Monee.
Oak Forest, IL has a cost of living index of 99, 1.1x Monee.
| City | Population | Cost Of Living | Vs. Monee |
|---|---|---|---|
| Orland Park, IL | 58,622 | 112 | 1.2x |
| Tinley Park, IL | 55,988 | 105 | 1.2x |
| Oak Forest, IL | 27,445 | 99 | 1.1x |
| Homer Glen, IL | 24,664 | 120 | 1.3x |
| Park Forest, IL | 21,368 | 87 | 1.0x |
| Frankfort, IL | 20,040 | 126 | 1.4x |
| Mokena, IL | 19,897 | 110 | 1.2x |
| Matteson, IL | 19,047 | 99 | 1.1x |
| Palos Hills, IL | 18,379 | 105 | 1.2x |
| Richton Park, IL | 12,867 | 95 | 1.0x |
