Carol Stream, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Carol Stream, IL Summary

Cost of living in Carol Stream research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Carol Stream is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Carol Stream is 112, with 100 being the average.

  • The cost of living index in Carol Stream is 1.1x higher than the national average.

  • Carol Stream ranks as the #255 cheapest in Illinois out of 338.

  • Carol Stream ranks as the #4,296 cheapest out of 6,412 in the US.

  • The median home value in Carol Stream is $265,600.

  • The median income in Carol Stream is $95,342.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
112
Carol Stream's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Carol Stream, IL?

According to the most recent data on the cost of living, Carol Stream has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.

Compared to Illinois, Carol Stream has a cost of living index that's 1.2x higher than Illinois's index of 92.

The standard of living in Carol Stream ranks as #255 most affordable out of the 338 places we measured in Illinois. By definition, that implies Carol Stream ranks as the #83 most expensive place in the Prairie State.

For more reading on life in Carol Stream, check out:

255 out of 338
In Illinois
4,296 out of 6,412
In America

Carol Stream Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Carol Stream. Here is how it fairs on each of the criteria:

  • The Services index in Carol Stream is 113.

  • The Groceries index in Carol Stream is 108.

  • The Health index in Carol Stream is 101.

  • The Housing index in Carol Stream is 119.

  • The Transportation index in Carol Stream is 113.

  • The Utilities index in Carol Stream is 91.

Living Expense Carol Stream Illinois National Average
Overall 112 92 100
Services 113 95 100
Groceries 108 98 100
Health 101 96 100
Housing 119 81 100
Transportation 113 105 100
Utilities 91 90 100
For more reading on cost of living around Illinois, check out:
Carol Stream Cost of Living Vs. IL

Carol Stream, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Carol Stream is $265,600.

  • The Median Rent in Carol Stream is $1,327.

  • The Median Income in Carol Stream is $95,342.

  • The Home Value To Income in Carol Stream is 2.8x.

  • The Rent To Monthly Income in Carol Stream is 0.17x.

Statistic Carol Stream Illinois United States
Median Home Value $265,600 $212,600 $244,900
Median Rent $1,327 $1,097 $1,163
Median Income $95,342 $72,563 $69,021
Home Value To Income 2.8x 2.9x 3.5x
Rent To Monthly Income 0.17x 0.18x 0.2x
Search Homes For Sale In Carol Stream, IL
$265,600
Median Home Value
$1,327
Median Rent
$95,342
Median Income

Carol Stream, IL Costs By Category

Detailed Carol Stream Services Costs Vs. Illinois

Item Carol Stream Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed Carol Stream Groceries Costs Vs. Illinois

Item Carol Stream Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed Carol Stream Health Costs Vs. Illinois

Item Carol Stream Illinois
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Carol Stream Transportation Costs Vs. Illinois

Item Carol Stream Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Carol Stream Utilities Costs Vs. Illinois

Item Carol Stream Illinois
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Carol Stream SnackAbility

9
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
8
Diversity
9.5
Safety
9
Amenities
9.5
Education
8
Commute
5

Cost Of Living In Cities Around Carol Stream

The cost of living varies in the cities and towns around Carol Stream. Here's a quick look at the cost of living in the most populous nearby places:

  • Wheaton, IL has a cost of living index of 118, 1.1x Carol Stream.

  • Glenview, IL has a cost of living index of 147, 1.3x Carol Stream.

  • Elmhurst, IL has a cost of living index of 131, 1.2x Carol Stream.

City Population Cost Of Living Vs. Carol Stream
Wheaton, IL 53,762 118 1.1x
Glenview, IL 48,150 147 1.3x
Elmhurst, IL 45,661 131 1.2x
Buffalo Grove, IL 43,062 121 1.1x
Park Ridge, IL 39,562 131 1.2x
Hanover Park, IL 37,545 107 1.0x
Addison, IL 35,999 111 1.0x
Glendale Heights, IL 33,443 106 0.9x
Glen Ellyn, IL 28,506 132 1.2x
West Chicago, IL 25,881 107 1.0x

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