Wood Dale, IL Cost Of Living
Cost Of Living In Wood Dale, IL Summary
Cost of living in Wood Dale 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 Wood Dale 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 Wood Dale is 112, with 100 being the average.
The cost of living index in Wood Dale is 1.1x higher than the national average.
Wood Dale ranks as the #229 cheapest in Illinois out of 336.
Wood Dale ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in Wood Dale is $344,122.
The median income in Wood Dale is $90,408.
Table Of Contents
Wood Dale's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wood Dale, IL?
According to the most recent data on the cost of living, Wood Dale has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Illinois, Wood Dale has a cost of living index that's 1.2x higher than Illinois's index of 97.
The standard of living in Wood Dale ranks as #229 most affordable out of the 336 places we measured in Illinois. By definition, that implies Wood Dale ranks as the #107 most expensive place in the Prairie State.
For more reading on life in Wood Dale, check out:
In Illinois
In America
Wood Dale Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Wood Dale. Here is how it fairs on each of the criteria:
The Services index in Wood Dale is 108.
The Groceries index in Wood Dale is 105.
The Health index in Wood Dale is 110.
The Housing index in Wood Dale is 139.
The Transportation index in Wood Dale is 107.
The Utilities index in Wood Dale is 91.
| Living Expense | Wood Dale | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 112 | 97 | 100 | |
| Services | 108 | 95 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 110 | 93 | 100 | |
| Housing | 139 | 95 | 100 | |
| Transportation | 107 | 102 | 100 | |
| Utilities | 91 | 91 | 100 | |
Wood Dale, 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 Wood Dale is $344,122.
The Median Rent in Wood Dale is $1,652.
The Median Income in Wood Dale is $90,408.
The Home Value To Income in Wood Dale is 3.8x.
The Rent To Monthly Income in Wood Dale is 0.22x.
Median Home Value
Median Rent
Median Income
Wood Dale, IL Costs By Category
Detailed Wood Dale Services Costs Vs. Illinois
Detailed Wood Dale Groceries Costs Vs. Illinois
Detailed Wood Dale Health Costs Vs. Illinois
Detailed Wood Dale Transportation Costs Vs. Illinois
Detailed Wood Dale Utilities Costs Vs. Illinois
Wood Dale SnackAbility
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Cost Of Living In Cities Around Wood Dale
The cost of living varies in the cities and towns around Wood Dale. 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 Wood Dale.
Elmhurst, IL has a cost of living index of 139, 1.2x Wood Dale.
Buffalo Grove, IL has a cost of living index of 125, 1.1x Wood Dale.
| City | Population | Cost Of Living | Vs. Wood Dale |
|---|---|---|---|
| Glenview, IL | 47,682 | 149 | 1.3x |
| Elmhurst, IL | 45,538 | 139 | 1.2x |
| 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 |
| Highland Park, IL | 30,229 | 148 | 1.3x |
| Wilmette, IL | 27,550 | 164 | 1.5x |
| Roselle, IL | 22,731 | 116 | 1.0x |
| Villa Park, IL | 22,456 | 113 | 1.0x |
