Woodstock, IL Cost Of Living
Cost Of Living In Woodstock, IL Summary
Cost of living in Woodstock 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 Woodstock 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 Woodstock is 93, with 100 being the average.
The cost of living index in Woodstock is 0.9x lower than the national average.
Woodstock ranks as the #98 cheapest in Illinois out of 336.
Woodstock ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Woodstock is $325,782.
The median income in Woodstock is $83,293.
Table Of Contents
Woodstock's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Woodstock, IL?
According to the most recent data on the cost of living, Woodstock has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Illinois, Woodstock has a cost of living index that's 1.0x lower than Illinois's index of 97.
The standard of living in Woodstock ranks as #98 most affordable out of the 336 places we measured in Illinois. By definition, that implies Woodstock ranks as the #238 most expensive place in the Prairie State.
For more reading on life in Woodstock, check out:
In Illinois
In America
Woodstock Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Woodstock. Here is how it fairs on each of the criteria:
The Services index in Woodstock is 87.
The Groceries index in Woodstock is 96.
The Health index in Woodstock is 101.
The Housing index in Woodstock is 102.
The Transportation index in Woodstock is 108.
The Utilities index in Woodstock is 85.
| Living Expense | Woodstock | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 93 | 97 | 100 | |
| Services | 87 | 95 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 101 | 93 | 100 | |
| Housing | 102 | 95 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 85 | 91 | 100 | |
Woodstock, 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 Woodstock is $325,782.
The Median Rent in Woodstock is $1,174.
The Median Income in Woodstock is $83,293.
The Home Value To Income in Woodstock is 3.9x.
The Rent To Monthly Income in Woodstock is 0.17x.
Median Home Value
Median Rent
Median Income
Woodstock, IL Costs By Category
Detailed Woodstock Services Costs Vs. Illinois
Detailed Woodstock Groceries Costs Vs. Illinois
Detailed Woodstock Health Costs Vs. Illinois
Detailed Woodstock Transportation Costs Vs. Illinois
Detailed Woodstock Utilities Costs Vs. Illinois
Woodstock SnackAbility
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Cost Of Living In Cities Around Woodstock
The cost of living varies in the cities and towns around Woodstock. Here's a quick look at the cost of living in the most populous nearby places:
Crystal Lake, IL has a cost of living index of 104, 1.1x Woodstock.
Algonquin, IL has a cost of living index of 110, 1.2x Woodstock.
Lake in the Hills, IL has a cost of living index of 104, 1.1x Woodstock.
| City | Population | Cost Of Living | Vs. Woodstock |
|---|---|---|---|
| Crystal Lake, IL | 40,436 | 104 | 1.1x |
| Algonquin, IL | 29,904 | 110 | 1.2x |
| Lake in the Hills, IL | 28,853 | 104 | 1.1x |
| McHenry, IL | 27,774 | 101 | 1.1x |
| Lake Zurich, IL | 19,727 | 127 | 1.4x |
| Round Lake, IL | 18,588 | 109 | 1.2x |
| Cary, IL | 17,875 | 115 | 1.2x |
| Wauconda, IL | 14,010 | 110 | 1.2x |
| Barrington, IL | 11,049 | 141 | 1.5x |
| Hawthorn Woods, IL | 9,145 | 167 | 1.8x |
