Markham, IL Cost Of Living

Demographics | Cost Of Living
Updated: 2020-03-08
Markham's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Markham is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Markham, IL?

According to the most recent data on the cost of living, Markham has an overall cost of living index of 95 which is 0.9x lower than the national index of 100.

Compared to only Illinois, Markham has a cost of living index that's 1.0x lower than Illinois's index of 98.

The standard of living in Markham ranks as #2510 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Markham ranks as the #3897 most expensive place in the Prairie State.

For more reading on life in Markham, check out:

Markham Cost Of Living Vs. Illinois

Living Expense Markham Illinois National Average
Overall 95 98 100
Services 109 98 100
Groceries 104 97 100
Health 100 100 100
Housing 67 95 100
Transportation 125 112 100
Utilities 93 97 100
For more reading on cost of living around Illinois, check out:
Markham Cost of Living Vs. IL

Markham, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Markham Illinois United States
Median Home Value $85,900 $187,200 $204,900
Median Rent $1,266 $984 $1,023
Median Income $38,353 $63,575 $60,293
Home Value To Income 2.2x 2.9x 3.4x
Rent To Monthly Income 0.4x 0.19x 0.2x

Markham SnackAbility

Overall SnackAbility

Cost Of Living In Cities Around Markham

City Population Cost Of Living Vs. Markham
Tinley Park, IL 56,898 106 1.1x
Westmont, IL 25,036 117 1.2x
Harvey, IL 24,599 91 1.0x
Darien, IL 22,126 115 1.2x
Homewood, IL 19,592 99 1.0x
Hinsdale, IL 17,654 190 2.0x
Country Club Hills, IL 16,801 98 1.0x
La Grange, IL 15,632 137 1.4x
Midlothian, IL 14,718 102 1.1x
Hazel Crest, IL 13,729 97 1.0x

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