Park Ridge, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
131
Park Ridge's Overall Cost Of Living
1.3x
Higher Than The National Average
311 out of 338
In Illinois
5,294 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Park Ridge is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Park Ridge, IL?

According to the most recent data on the cost of living, Park Ridge has an overall cost of living index of 131 which is 1.3x higher than the national index of 100.

Compared to only Illinois, Park Ridge has a cost of living index that's 1.3x higher than Illinois's index of 98.

The standard of living in Park Ridge ranks as #5,297 most affordable out of the 6,418 places we measured in Illinois. By definition, that implies Park Ridge ranks as the #1,122 most expensive place in the Prairie State.

For more reading on life in Park Ridge, check out:

Park Ridge Cost Of Living Vs. Illinois

Living Expense Park Ridge Illinois National Average
Overall 131 98 100
Services 116 95 100
Groceries 108 97 100
Health 100 99 100
Housing 191 96 100
Transportation 115 105 100
Utilities 94 94 100
For more reading on cost of living around Illinois, check out:
Park Ridge Cost of Living Vs. IL

Park Ridge, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$451,200
Median Home Value
$1,360
Median Rent
$113,809
Median Income
Statistic Park Ridge Illinois United States
Median Home Value $451,200 $202,100 $229,800
Median Rent $1,360 $1,038 $1,096
Median Income $113,809 $68,428 $64,994
Home Value To Income 4.0x 3.0x 3.5x
Rent To Monthly Income 0.14x 0.18x 0.2x

Detailed Park Ridge Services Costs Vs. Illinois

Item Park Ridge Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67

Detailed Park Ridge Groceries Costs Vs. Illinois

Item Park Ridge Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05

Detailed Park Ridge Health Costs Vs. Illinois

Item Park Ridge Illinois
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05
Toothpaste $2.46 $2.34

Detailed Park Ridge Transportation Costs Vs. Illinois

Item Park Ridge Illinois
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Park Ridge Utilities Costs Vs. Illinois

Item Park Ridge Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Park Ridge SnackAbility

10
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
6
Safety
9
Amenities
9.5
Education
9
Commute
5

Cost Of Living In Cities Around Park Ridge

City Population Cost Of Living Vs. Park Ridge
Des Plaines, IL 58,316 114 0.9x
Glenview, IL 47,218 147 1.1x
Elmhurst, IL 46,571 131 1.0x
Buffalo Grove, IL 40,804 121 0.9x
Northbrook, IL 33,216 156 1.2x
Highland Park, IL 29,596 152 1.2x
Niles, IL 29,198 117 0.9x
Wilmette, IL 27,114 166 1.3x
Morton Grove, IL 22,937 124 0.9x
Deerfield, IL 19,030 150 1.1x

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