Zip 60415 (Chicago Ridge, IL) Cost of Living


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How much do I need to live in Chicago Ridge, Illinois?
$3,120 / month
for a family, 42.2% less expensive than the national average A total of $37,440 for the year for a family.
$3,433 / month
for a single person, 28.0% less expensive than the national average A total of $41,200 for the year for a single person.

Chicago Ridge cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Chicago Ridge (zip 60415), 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.

Zip 60415 (Chicago Ridge, IL)

Housing costs in Chicago Ridge?
A typical home costs $196,100, which is 42.0% less expensive than the national average of $338,100 and 18.9% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Chicago Ridge costs $1,180 per month, which is 17.5% cheaper than the national average of $1,430 and 6.8% cheaper than the state average of $1,260.

Can I afford Chicago Ridge?
To live comfortably in Chicago Ridge (zip 60415), Illinois, a minimum annual income of $37,440 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Chicago Ridge?
equestId:394b45df-a214-49a8-aa94-dbcf95b09872,resource:content,data:[{id:txt_96323aff9b2d4073b2ce8c8d51fb2832,text:\n \nThe cost of living in 60415 Chicago Ridge, IL is relatively affordable when compared to other parts of the country. The median household income for the area is $58,848, and the median home value is $187,800 – both of which are significantly lower than national medians. The unemployment rate in the area is 4.7%, which is comparable to the national average. Overall, 60415 Chicago Ridge, IL provides a good balance between affordability and economic opportunity.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesChicago RidgeIllinoisUnited States
    Unlock93.7100.0
  94.8  Unlock100.0
    Unlock96.9100.0
  73.6  Unlock100.0
    Unlock$241,700$338,100
  95.0  Unlock100.0
    Unlock106.2100.0
  139.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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