Niles, IL Cost Of Living

The latest cost of living statistics for Niles. Includes statistics on rent, mortgages, healthcare, and other costs for Niles compared to the state and national averages.

Cost of living in Niles, Illinois

Cost of living in Niles 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 Niles 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:

114 Cost of living index 1.1x higher vs US
#252 Cheapest in Illinois (of 336)
#3,904 Cheapest in the U.S. (of 6,489)
$399,809 Median home value
$1,336 Median rent
$75,274 Median income
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What is the cost of living in Niles, IL?

According to the most recent data on the cost of living, Niles has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.

Compared to Illinois, Niles has a cost of living index that's 1.2x higher than Illinois's index of 98.

The standard of living in Niles ranks as #252 most affordable out of the 336 places we measured in Illinois. By definition, that implies Niles ranks as the #84 most expensive place in the Prairie State.

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Niles Cost Of Living Vs. Illinois

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

  • The Services index in Niles is 98.

  • The Groceries index in Niles is 98.

  • The Health index in Niles is 150.

  • The Housing index in Niles is 102.

  • The Transportation index in Niles is 98.

  • The Utilities index in Niles is 102.

Living Expense Niles Illinois National Average
Overall 114 98 100
Services 98 99 100
Groceries 98 99 100
Health 150 96 100
Housing 102 101 100
Transportation 98 99 100
Utilities 102 101 100

Niles Cost Of Living Compared To Illinois Averages

Services
Niles 98
Illinois avg 99
Groceries
Niles 98
Illinois avg 99
Health
Niles 150
Illinois avg 96
Housing
Niles 102
Illinois avg 101
Transportation
Niles 98
Illinois avg 99
Utilities
Niles 102
Illinois avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Illinois, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Niles, IL Housing Cost Breakdown

$399,809Median Home Value
$1,336Median Rent
$75,274Median Income

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 Niles is $399,809.

  • The Median Rent in Niles is $1,336.

  • The Median Income in Niles is $75,274.

  • The Home Value To Income in Niles is 5.3x.

  • The Rent To Monthly Income in Niles is 0.21x.

Statistic Niles Illinois United States
Median Home Value $399,809 $285,735 $332,700
Median Rent $1,336 $1,274 $1,413
Median Income $75,274 $83,390 $80,734
Home Value To Income 5.3x 3.4x 4.1x
Rent To Monthly Income 0.21x 0.18x 0.21x

Niles, IL Costs By Category

Detailed Niles Services costs vs. Illinois
Item Niles Illinois
Shampoo $1.27 $1.28
Movie $17.91 $12.13
Bowling $24.58 $18
Haircut $33.69 $24.26
Beauty Salon $53.44 $45.56
Detailed Niles Groceries costs vs. Illinois
Item Niles Illinois
Ground Beef $5.28 $5.84
Fried Chicken $1.42 $1.57
Milk $4.87 $4.67
Potatoes $4.9 $4.93
Pizza $13.41 $12.09
Beer $10.0 $10.41
Toothpaste $3.75 $3.7
Detailed Niles Health costs vs. Illinois
Item Niles Illinois
Optometrist $118.27 $125.68
Doctor $167.67 $135.78
Dentist $128.22 $113.29
Detailed Niles Transportation costs vs. Illinois
Item Niles Illinois
Gasoline $3.56 $3.46
Tire Balancing $70.87 $59.92
Detailed Niles Utilities costs vs. Illinois
Item Niles Illinois
All Electricity $148.58 $193.99
Phone $210.03 $192.25

Niles SnackAbility

8.5Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 5/10
Diversity 8.5/10
Safety 9/10
Amenities 9.5/10
Education 8/10
Commute 5/10

Cost Of Living In Cities Around Niles

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

  • Skokie, IL has a cost of living index of 118, 1.0x Niles.

  • Des Plaines, IL has a cost of living index of 110, 1.0x Niles.

  • Glenview, IL has a cost of living index of 146, 1.3x Niles.

City Population Cost Of Living Vs. Niles
Skokie, IL 66,219 118 1.0x
Des Plaines, IL 59,156 110 1.0x
Glenview, IL 47,752 146 1.3x
Elmhurst, IL 45,671 134 1.2x
Buffalo Grove, IL 42,891 126 1.1x
Park Ridge, IL 38,667 135 1.2x
Northbrook, IL 34,585 151 1.3x
Highland Park, IL 30,398 144 1.3x
Wilmette, IL 27,503 161 1.4x
Morton Grove, IL 24,619 128 1.1x