Manhattan, IL Cost Of Living
Cost Of Living In Manhattan, IL Summary
Cost of living in Manhattan 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 Manhattan 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 Manhattan is 103, with 100 being the average.
The cost of living index in Manhattan is 1.0x higher than the national average.
Manhattan ranks as the #186 cheapest in Illinois out of 338.
Manhattan ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Manhattan is $258,600.
The median income in Manhattan is $112,706.
Table Of Contents
Manhattan's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Manhattan, IL?
According to the most recent data on the cost of living, Manhattan has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Illinois, Manhattan has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Manhattan ranks as #186 most affordable out of the 338 places we measured in Illinois. By definition, that implies Manhattan ranks as the #152 most expensive place in the Prairie State.
For more reading on life in Manhattan, check out:
- Living In Manhattan
- Manhattan Crime Report
- Search Homes For Sale In Manhattan, IL
In Illinois
In America
Manhattan Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Manhattan. Here is how it fairs on each of the criteria:
The Services index in Manhattan is 95.
The Groceries index in Manhattan is 96.
The Health index in Manhattan is 110.
The Housing index in Manhattan is 123.
The Transportation index in Manhattan is 109.
The Utilities index in Manhattan is 87.
| Living Expense | Manhattan | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 103 | 92 | 100 | |
| Services | 95 | 95 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 110 | 96 | 100 | |
| Housing | 123 | 81 | 100 | |
| Transportation | 109 | 105 | 100 | |
| Utilities | 87 | 90 | 100 | |
Manhattan, 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 Manhattan is $258,600.
The Median Rent in Manhattan is $979.
The Median Income in Manhattan is $112,706.
The Home Value To Income in Manhattan is 2.3x.
The Rent To Monthly Income in Manhattan is 0.1x.
| Statistic | Manhattan | Illinois | United States |
|---|---|---|---|
| Median Home Value | $258,600 | $212,600 | $244,900 |
| Median Rent | $979 | $1,097 | $1,163 |
| Median Income | $112,706 | $72,563 | $69,021 |
| Home Value To Income | 2.3x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.1x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Manhattan, IL Costs By Category
Detailed Manhattan Services Costs Vs. Illinois
Detailed Manhattan Groceries Costs Vs. Illinois
Detailed Manhattan Health Costs Vs. Illinois
Detailed Manhattan Transportation Costs Vs. Illinois
Detailed Manhattan Utilities Costs Vs. Illinois
Manhattan SnackAbility
/10
Cost Of Living In Cities Around Manhattan
The cost of living varies in the cities and towns around Manhattan. Here's a quick look at the cost of living in the most populous nearby places:
Orland Park, IL has a cost of living index of 112, 1.1x Manhattan.
Tinley Park, IL has a cost of living index of 105, 1.0x Manhattan.
Plainfield, IL has a cost of living index of 115, 1.1x Manhattan.
| City | Population | Cost Of Living | Vs. Manhattan |
|---|---|---|---|
| Orland Park, IL | 58,622 | 112 | 1.1x |
| Tinley Park, IL | 55,988 | 105 | 1.0x |
| Plainfield, IL | 44,296 | 115 | 1.1x |
| Oak Forest, IL | 27,445 | 99 | 1.0x |
| New Lenox, IL | 26,942 | 110 | 1.1x |
| Frankfort, IL | 20,040 | 126 | 1.2x |
| Mokena, IL | 19,897 | 110 | 1.1x |
| Lemont, IL | 17,535 | 118 | 1.1x |
| Palos Heights, IL | 12,116 | 124 | 1.2x |
| Flossmoor, IL | 9,868 | 113 | 1.1x |
