Streamwood, IL Cost of Living


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Streamwood cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Streamwood, 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.

Streamwood, IL

Housing costs in Streamwood?
A typical home costs $247,300, which is 26.9% less expensive than the national average of $338,100 and 2.3% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Streamwood costs $2,100 per month, which is 46.9% more than the national average of $1,430 and 40.0% more than the state average of $1,260.

Can I afford Streamwood?
To live comfortably in Streamwood, Illinois, a minimum annual income of $47,520 for a family, and $73,200 for a single person is recommended.

What does A.I. say about Streamwood?
Streamwood, IL has an affordable cost of living compared to the national average. According to Best Places, the city has a cost of living index of 96.8, which is slightly lower than the US average of 100. The housing costs in Streamwood are also significantly lower than the national average, with the median home price being around $170,000. Renters will also find that rent prices in Streamwood are much more affordable than other parts of the country. In addition to lower housing costs, Streamwood residents enjoy low utility bills, reasonable grocery prices, and overall good value on goods and services available within the city limits.
   Cost of living score
     CategoriesStreamwoodIllinoisUnited States
  105.793.7100.0
  96.494100
  88.096.9100.0
  83.880.2100.0
  $247,300$241,700$338,100
  102.5%97.7%100.0%
  129.5106.2100.0
  140.5107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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