Wilmette, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Wilmette, IL Summary

Cost of living in Wilmette 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 Wilmette 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 Wilmette is 166, with 100 being the average.

  • The cost of living index in Wilmette is 1.7x higher than the national average.

  • Wilmette ranks as the #330 cheapest in Illinois out of 338.

  • Wilmette ranks as the #6,083 cheapest out of 6,412 in the US.

  • The median home value in Wilmette is $710,400.

  • The median income in Wilmette is $173,967.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
166
Wilmette's Overall Cost Of Living
1.7x
Higher Than The National Average

What is the cost of living in Wilmette, IL?

According to the most recent data on the cost of living, Wilmette has an overall cost of living index of 166, which is 1.7x higher than the national index of 100.

Compared to Illinois, Wilmette has a cost of living index that's 1.8x higher than Illinois's index of 92.

The standard of living in Wilmette ranks as #330 most affordable out of the 338 places we measured in Illinois. By definition, that implies Wilmette ranks as the #8 most expensive place in the Prairie State.

For more reading on life in Wilmette, check out:

330 out of 338
In Illinois
6,083 out of 6,412
In America

Wilmette Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Wilmette. Here is how it fairs on each of the criteria:

  • The Services index in Wilmette is 116.

  • The Groceries index in Wilmette is 108.

  • The Health index in Wilmette is 100.

  • The Housing index in Wilmette is 297.

  • The Transportation index in Wilmette is 113.

  • The Utilities index in Wilmette is 95.

Living Expense Wilmette Illinois National Average
Overall 166 92 100
Services 116 95 100
Groceries 108 98 100
Health 100 96 100
Housing 297 81 100
Transportation 113 105 100
Utilities 95 90 100
For more reading on cost of living around Illinois, check out:
Wilmette Cost of Living Vs. IL

Wilmette, 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 2017-2021. The key points are:

  • The Median Home Value in Wilmette is $710,400.

  • The Median Rent in Wilmette is $1,464.

  • The Median Income in Wilmette is $173,967.

  • The Home Value To Income in Wilmette is 4.1x.

  • The Rent To Monthly Income in Wilmette is 0.1x.

Statistic Wilmette Illinois United States
Median Home Value $710,400 $212,600 $244,900
Median Rent $1,464 $1,097 $1,163
Median Income $173,967 $72,563 $69,021
Home Value To Income 4.1x 2.9x 3.5x
Rent To Monthly Income 0.1x 0.18x 0.2x
Search Homes For Sale In Wilmette, IL
$710,400
Median Home Value
$1,464
Median Rent
$173,967
Median Income

Wilmette, IL Costs By Category

Detailed Wilmette Services Costs Vs. Illinois

Item Wilmette Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed Wilmette Groceries Costs Vs. Illinois

Item Wilmette Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed Wilmette Health Costs Vs. Illinois

Item Wilmette Illinois
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Wilmette Transportation Costs Vs. Illinois

Item Wilmette Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Wilmette Utilities Costs Vs. Illinois

Item Wilmette Illinois
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Wilmette SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
8
Diversity
8
Safety
N/A
Amenities
9.5
Education
10
Commute
3

Cost Of Living In Cities Around Wilmette

The cost of living varies in the cities and towns around Wilmette. Here's a quick look at the cost of living in the most populous nearby places:

  • Evanston, IL has a cost of living index of 128, 0.8x Wilmette.

  • Arlington Heights, IL has a cost of living index of 125, 0.8x Wilmette.

  • Skokie, IL has a cost of living index of 120, 0.7x Wilmette.

City Population Cost Of Living Vs. Wilmette
Evanston, IL 78,454 128 0.8x
Arlington Heights, IL 77,283 125 0.8x
Skokie, IL 67,444 120 0.7x
Glenview, IL 48,150 147 0.9x
Elmhurst, IL 45,661 131 0.8x
Buffalo Grove, IL 43,062 121 0.7x
Park Ridge, IL 39,562 131 0.8x
Northbrook, IL 35,108 156 0.9x
Highland Park, IL 30,245 152 0.9x
Morton Grove, IL 25,004 124 0.7x

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