Posen, IL Cost Of Living
Cost Of Living In Posen, IL Summary
Cost of living in Posen 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 Posen 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 Posen is 98, with 100 being the average.
The cost of living index in Posen is 1.0x lower than the national average.
Posen ranks as the #130 cheapest in Illinois out of 336.
Posen ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Posen is $190,021.
The median income in Posen is $71,994.
Table Of Contents
Posen's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Posen, IL?
According to the most recent data on the cost of living, Posen has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Illinois, Posen has a cost of living index that's 1.0x higher than Illinois's index of 97.
The standard of living in Posen ranks as #130 most affordable out of the 336 places we measured in Illinois. By definition, that implies Posen ranks as the #206 most expensive place in the Prairie State.
For more reading on life in Posen, check out:
In Illinois
In America
Posen Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Posen. Here is how it fairs on each of the criteria:
The Services index in Posen is 105.
The Groceries index in Posen is 105.
The Health index in Posen is 110.
The Housing index in Posen is 86.
The Transportation index in Posen is 108.
The Utilities index in Posen is 87.
| Living Expense | Posen | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 98 | 97 | 100 | |
| Services | 105 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 110 | 93 | 100 | |
| Housing | 86 | 95 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 87 | 91 | 100 | |
Posen, 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 Posen is $190,021.
The Median Rent in Posen is $1,478.
The Median Income in Posen is $71,994.
The Home Value To Income in Posen is 2.6x.
The Rent To Monthly Income in Posen is 0.25x.
Median Home Value
Median Rent
Median Income
Posen, IL Costs By Category
Detailed Posen Services Costs Vs. Illinois
Detailed Posen Groceries Costs Vs. Illinois
Detailed Posen Health Costs Vs. Illinois
Detailed Posen Transportation Costs Vs. Illinois
Detailed Posen Utilities Costs Vs. Illinois
Posen SnackAbility
/10
Cost Of Living In Cities Around Posen
The cost of living varies in the cities and towns around Posen. Here's a quick look at the cost of living in the most populous nearby places:
Tinley Park, IL has a cost of living index of 109, 1.1x Posen.
Westmont, IL has a cost of living index of 119, 1.2x Posen.
Blue Island, IL has a cost of living index of 95, 1.0x Posen.
| City | Population | Cost Of Living | Vs. Posen |
|---|---|---|---|
| Tinley Park, IL | 55,007 | 109 | 1.1x |
| Westmont, IL | 24,201 | 119 | 1.2x |
| Blue Island, IL | 23,416 | 95 | 1.0x |
| Darien, IL | 21,855 | 121 | 1.2x |
| Harvey, IL | 19,831 | 89 | 0.9x |
| Hinsdale, IL | 17,155 | 191 | 1.9x |
| La Grange, IL | 15,999 | 144 | 1.5x |
| Midlothian, IL | 14,024 | 103 | 1.1x |
| Western Springs, IL | 13,353 | 160 | 1.6x |
| River Forest, IL | 11,489 | 154 | 1.6x |
