Norridge, IL Cost Of Living
Cost Of Living In Norridge, IL Summary
Cost of living in Norridge 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 Norridge 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 Norridge is 124, with 100 being the average.
The cost of living index in Norridge is 1.2x higher than the national average.
Norridge ranks as the #286 cheapest in Illinois out of 336.
Norridge ranks as the #4,654 cheapest out of 6,489 in the US.
The median home value in Norridge is $396,720.
The median income in Norridge is $87,579.
Table Of Contents
Norridge's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Norridge, IL?
According to the most recent data on the cost of living, Norridge has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Illinois, Norridge has a cost of living index that's 1.3x higher than Illinois's index of 97.
The standard of living in Norridge ranks as #286 most affordable out of the 336 places we measured in Illinois. By definition, that implies Norridge ranks as the #50 most expensive place in the Prairie State.
For more reading on life in Norridge, check out:
In Illinois
In America
Norridge Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Norridge. Here is how it fairs on each of the criteria:
The Services index in Norridge is 108.
The Groceries index in Norridge is 105.
The Health index in Norridge is 110.
The Housing index in Norridge is 164.
The Transportation index in Norridge is 108.
The Utilities index in Norridge is 91.
| Living Expense | Norridge | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 124 | 97 | 100 | |
| Services | 108 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 110 | 93 | 100 | |
| Housing | 164 | 95 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 91 | 91 | 100 | |
Norridge, 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 2019-2023. The key points are:
The Median Home Value in Norridge is $396,720.
The Median Rent in Norridge is $1,421.
The Median Income in Norridge is $87,579.
The Home Value To Income in Norridge is 4.5x.
The Rent To Monthly Income in Norridge is 0.19x.
Median Home Value
Median Rent
Median Income
Norridge, IL Costs By Category
Detailed Norridge Services Costs Vs. Illinois
Detailed Norridge Groceries Costs Vs. Illinois
Detailed Norridge Health Costs Vs. Illinois
Detailed Norridge Transportation Costs Vs. Illinois
Detailed Norridge Utilities Costs Vs. Illinois
Norridge SnackAbility
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Cost Of Living In Cities Around Norridge
The cost of living varies in the cities and towns around Norridge. Here's a quick look at the cost of living in the most populous nearby places:
Glenview, IL has a cost of living index of 149, 1.2x Norridge.
Elmhurst, IL has a cost of living index of 139, 1.1x Norridge.
Buffalo Grove, IL has a cost of living index of 125, 1.0x Norridge.
| City | Population | Cost Of Living | Vs. Norridge |
|---|---|---|---|
| Glenview, IL | 47,682 | 149 | 1.2x |
| Elmhurst, IL | 45,538 | 139 | 1.1x |
| Buffalo Grove, IL | 42,824 | 125 | 1.0x |
| Park Ridge, IL | 39,241 | 138 | 1.1x |
| Northbrook, IL | 34,642 | 153 | 1.2x |
| Niles, IL | 30,262 | 117 | 0.9x |
| Highland Park, IL | 30,229 | 148 | 1.2x |
| Wilmette, IL | 27,550 | 164 | 1.3x |
| Melrose Park, IL | 24,513 | 108 | 0.9x |
| Elmwood Park, IL | 23,982 | 113 | 0.9x |
