Hopkins Park, IL Cost of Living


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Hopkins Park cost of living score
80.6
Less expensive
19.4% lower
than the US average
14.0% lower
than the Illinois average
Hopkins Park, Illinois gets a BestPlaces Cost of Living score of 80.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.4% lower than the U.S. average and 14.0% higher than the average for Illinois.

Hopkins Park, IL

Housing costs in Hopkins Park?
A typical home costs $79,800, which is 76.4% less expensive than the national average of $338,100 and 67.0% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Hopkins Park costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 41.6% cheaper than the state average of $1,260.

Can I afford Hopkins Park?
To live comfortably in Hopkins Park, Illinois, a minimum annual income of $15,120 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Hopkins Park?
Hopkins Park, IL has an affordable cost of living compared to other cities in the United States. The median home value is around $87,000, which is significantly lower than the national average of $200,000. Property taxes are also much lower in Hopkins Park than other areas. In addition, the cost of groceries and utilities are significantly lower when compared to average prices across the country. The median household income in Hopkins Park is slightly lower than the national average as well, but its low cost of living helps keep expenses down for residents. With its affordability and rural charm, Hopkins Park provides a great opportunity for people who want to live in a safe and tranquil community without breaking the bank.
   Cost of living score
     CategoriesHopkins ParkIllinoisUnited States
  80.693.7100.0
  91.894100
  92.596.9100.0
  17.380.2100.0
  $79,800$241,700$338,100
  100.7%97.7%100.0%
  82.3106.2100.0
  103.8107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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