Zip 60107 (Streamwood, IL) Cost of Living


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How much do I need to live in Streamwood, Illinois?
$3,960 / month
for a family, 26.7% less expensive than the national average A total of $47,520 for the year for a family.
$6,000 / month
for a single person, 25.9% more expensive than the national average A total of $72,000 for the year for a single person.

Streamwood cost of living score
105.7
More expensive
5.7% higher
than the US average
12.8% higher
than the Illinois average
Streamwood (zip 60107), 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 60107 (Streamwood, IL)

Housing costs in Streamwood?
A typical home costs $247,900, which is 26.7% less expensive than the national average of $338,100 and 2.6% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Streamwood costs $2,070 per month, which is 64.3% more than the national average of $1,260 and 32.4% more than the state average of $1,400.

Can I afford Streamwood?
To live comfortably in Streamwood (zip 60107), Illinois, a minimum annual income of $47,520 for a family, and $72,000 for a single person is recommended.

What does A.I. say about Streamwood?
The cost of living in Streamwood, IL (60107) is fairly reasonable compared to other areas in the US. The median home price is $255,200 and the median household income is $68,087. This means that most people are able to purchase a comfortable home at a price they can afford. Groceries and general goods tend to be very affordable here as well, with a low overall cost of living index score of 84 out of 100 (US Average: 100). Taxes are also very reasonable for this area, making it an attractive place for both residents and businesses alike. All in all, Streamwood is an accessible and affordable place to live that offers its citizens quality amenities at prices they can afford.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesStreamwoodIllinoisUnited States
    Unlock93.7100.0
  96.4  Unlock100.0
    Unlock96.9100.0
  81.6  Unlock100.0
    Unlock$241,700$338,100
  102.5  Unlock100.0
    Unlock106.2100.0
  139.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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