Villa Park, IL Cost Of Living
Cost Of Living In Villa Park, IL Summary
Cost of living in Villa Park 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 Villa Park 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 Villa Park is 113, with 100 being the average.
The cost of living index in Villa Park is 1.1x higher than the national average.
Villa Park ranks as the #238 cheapest in Illinois out of 336.
Villa Park ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Villa Park is $348,652.
The median income in Villa Park is $94,698.
Table Of Contents
Villa Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Villa Park, IL?
According to the most recent data on the cost of living, Villa Park has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Illinois, Villa Park has a cost of living index that's 1.2x higher than Illinois's index of 97.
The standard of living in Villa Park ranks as #238 most affordable out of the 336 places we measured in Illinois. By definition, that implies Villa Park ranks as the #98 most expensive place in the Prairie State.
For more reading on life in Villa Park, check out:
In Illinois
In America
Villa Park Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Villa Park. Here is how it fairs on each of the criteria:
The Services index in Villa Park is 106.
The Groceries index in Villa Park is 105.
The Health index in Villa Park is 108.
The Housing index in Villa Park is 132.
The Transportation index in Villa Park is 108.
The Utilities index in Villa Park is 90.
| Living Expense | Villa Park | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 113 | 97 | 100 | |
| Services | 106 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 108 | 93 | 100 | |
| Housing | 132 | 95 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 90 | 91 | 100 | |
Villa Park, 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 Villa Park is $348,652.
The Median Rent in Villa Park is $1,398.
The Median Income in Villa Park is $94,698.
The Home Value To Income in Villa Park is 3.7x.
The Rent To Monthly Income in Villa Park is 0.18x.
| Statistic | Villa Park | Illinois | United States |
|---|---|---|---|
| Median Home Value | $348,652 | $283,508 | $303,400 |
| Median Rent | $1,398 | $1,227 | $1,348 |
| Median Income | $94,698 | $81,702 | $78,538 |
| Home Value To Income | 3.7x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Villa Park, IL Costs By Category
Detailed Villa Park Services Costs Vs. Illinois
| Item | Villa Park | 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 Villa Park Groceries Costs Vs. Illinois
| Item | Villa Park | 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 Villa Park Health Costs Vs. Illinois
| Item | Villa Park | Illinois |
|---|---|---|
| Optometrist | $118.27 | $125.68 |
| Doctor | $167.67 | $135.78 |
| Dentist | $128.22 | $113.29 |
Detailed Villa Park Transportation Costs Vs. Illinois
| Item | Villa Park | Illinois |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $70.87 | $59.92 |
Detailed Villa Park Utilities Costs Vs. Illinois
| Item | Villa Park | Illinois |
|---|---|---|
| All Electricity | $148.58 | $193.99 |
| Phone | $210.03 | $192.25 |
Villa Park SnackAbility
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Cost Of Living In Cities Around Villa Park
The cost of living varies in the cities and towns around Villa Park. 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, 1.3x Villa Park.
Elmhurst, IL has a cost of living index of 139, 1.2x Villa Park.
Lombard, IL has a cost of living index of 119, 1.1x Villa Park.
| City | Population | Cost Of Living | Vs. Villa Park |
|---|---|---|---|
| Glenview, IL | 47,682 | 149 | 1.3x |
| Elmhurst, IL | 45,538 | 139 | 1.2x |
| Lombard, IL | 43,722 | 119 | 1.1x |
| Buffalo Grove, IL | 42,824 | 125 | 1.1x |
| Park Ridge, IL | 39,241 | 138 | 1.2x |
| Addison, IL | 35,470 | 110 | 1.0x |
| Northbrook, IL | 34,642 | 153 | 1.4x |
| Glen Ellyn, IL | 28,270 | 135 | 1.2x |
| Wilmette, IL | 27,550 | 164 | 1.5x |
| Hinsdale, IL | 17,155 | 191 | 1.7x |
