Park City, IL Cost Of Living
Cost Of Living In Park City, IL Summary
Cost of living in Park City 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 Park City 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 Park City is 82, with 100 being the average.
The cost of living index in Park City is 0.8x lower than the national average.
Park City ranks as the #20 cheapest in Illinois out of 336.
Park City ranks as the #221 cheapest out of 6,489 in the US.
The median home value in Park City is $273,272.
The median income in Park City is $62,875.
Table Of Contents
Park City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Park City, IL?
According to the most recent data on the cost of living, Park City has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Illinois, Park City has a cost of living index that's 0.8x lower than Illinois's index of 97.
The standard of living in Park City ranks as #20 most affordable out of the 336 places we measured in Illinois. By definition, that implies Park City ranks as the #316 most expensive place in the Prairie State.
For more reading on life in Park City, check out:
In Illinois
In America
Park City Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Park City. Here is how it fairs on each of the criteria:
The Services index in Park City is 106.
The Groceries index in Park City is 102.
The Health index in Park City is 107.
The Housing index in Park City is 37.
The Transportation index in Park City is 105.
The Utilities index in Park City is 90.
| Living Expense | Park City | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 82 | 97 | 100 | |
| Services | 106 | 95 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 107 | 93 | 100 | |
| Housing | 37 | 95 | 100 | |
| Transportation | 105 | 102 | 100 | |
| Utilities | 90 | 91 | 100 | |
Park City, 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 Park City is $273,272.
The Median Rent in Park City is $1,129.
The Median Income in Park City is $62,875.
The Home Value To Income in Park City is 4.3x.
The Rent To Monthly Income in Park City is 0.22x.
Median Home Value
Median Rent
Median Income
Park City, IL Costs By Category
Detailed Park City Services Costs Vs. Illinois
Detailed Park City Groceries Costs Vs. Illinois
Detailed Park City Health Costs Vs. Illinois
Detailed Park City Transportation Costs Vs. Illinois
Detailed Park City Utilities Costs Vs. Illinois
Park City SnackAbility
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