Itasca, IL Cost of Living


2 Reviews



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How much do I need to live in Itasca, Illinois?
$5,400 / month
for a family, 0.0% more expensive than the national average A total of $64,800 for the year for a family.
$4,567 / month
for a single person, 4.2% less expensive than the national average A total of $54,800 for the year for a single person.

Itasca cost of living score
108.1
More expensive
8.1% higher
than the US average
15.4% higher
than the Illinois average
Itasca, Illinois gets a BestPlaces Cost of Living score of 108.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.1% higher than the U.S. average and 15.4% higher than the average for Illinois.

Itasca, IL

Housing costs in Itasca?
A typical home costs $339,000, which is 0.3% more expensive than the national average of $338,100 and 40.3% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Itasca costs $1,570 per month, which is 9.8% more than the national average of $1,430 and 19.7% more than the state average of $1,260.

Can I afford Itasca?
To live comfortably in Itasca, Illinois, a minimum annual income of $64,800 for a family, and $54,800 for a single person is recommended.

What does A.I. say about Itasca?
The cost of living in Itasca, IL is quite affordable. The median home price in the area is $209,100 which is 7.5% lower than the Illinois average and 30.7% lower than the national average. Additionally, the overall cost of living index for Itasca is 97.5, which is slightly lower than the US average of 100. This means that goods and services in this area are about 2.5% cheaper than average. The median household income for Itasca was reported to be $91,817 in 2018 - 6% higher than the state average. Finally, taxes are relatively low with an effective property tax rate of just 1%. All these factors make it a great place to live with an affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesItascaIllinoisUnited States
    Unlock93.7100.0
  98.7  Unlock100.0
    Unlock96.9100.0
  116.7  Unlock100.0
    Unlock$241,700$338,100
  95.9  Unlock100.0
    Unlock106.2100.0
  140.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Itasca
    See all (2)

Over 17 years ago

Summer is hot and very humid - great for dry skin. Winter gets extremely cold, moderate snow, very few blizzards, mostly just bitter cold. Spring and Fall are short,  More

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Over 19 years ago

Very low crime rate and active police patrols. Quiet  More

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