Crestwood, IL Cost of Living


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Crestwood cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Crestwood, Illinois gets a BestPlaces Cost of Living score of 105.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.7% higher than the U.S. average and 12.8% higher than the average for Illinois.

Crestwood, IL

Housing costs in Crestwood?
A typical home costs $186,400, which is 44.9% less expensive than the national average of $338,100 and 22.9% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Crestwood costs $1,370 per month, which is 4.2% cheaper than the national average of $1,430 and 8.0% more than the state average of $1,260.

Can I afford Crestwood?
To live comfortably in Crestwood, Illinois, a minimum annual income of $35,640 for a family, and $48,000 for a single person is recommended.

What does A.I. say about Crestwood?
The cost of living in Crestwood, IL is fairly affordable compared to the national average. According to BestPlaces, the cost of living index in Crestwood is 83.22 (the U.S. average is 100). This means that compared to other places in the United States, goods and services in Crestwood are cheaper. Housing prices are particularly attractive; according to Zillow, the median home value in Crestwood is $166,900 and rent for a one-bedroom apartment averages around $1,000 per month. The price of groceries, utilities, transportation and healthcare are all lower than the national average as well. All in all, residents of Crestwood can enjoy an affordable lifestyle with plenty of amenities nearby!
   Cost of living score
     CategoriesCrestwoodIllinoisUnited States
  105.793.7100.0
  94.594100
  88.096.9100.0
  72.680.2100.0
  $186,400$241,700$338,100
  95.0%97.7%100.0%
  127.1106.2100.0
  139.7107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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