Cost of living answer

Cost of Living in Evergreen Park, IL

Cost of Living in Evergreen Park, IL has an overall index of 98, 2% below the U.S. baseline of 100. The typical home value is $276,805; typical monthly rent is $1,425; and median household income is $95,738.

Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Zillow ZHVI market signal as of 2026-02. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.

Cost vs U.S.2% belowOverall modeled index 98
Typical rent$1,425/moCensus ACS
Typical home value$276,805Zillow ZHVI
Median household income$95,738Census ACS place estimate
Market PressureLower

Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.

Rent pressure
18%
Typical annual rent divided by local median household income.
Buy pressure
2.9x
Typical home value divided by local median household income.
Your Household Fit

Can your household carry the housing cost?

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Your household inputs
Are you renting or buying?
Advanced assumptions
Initial rent input: $1,425 from ACS. Edit it to match the housing option you are considering.
Mortgage benchmark: 6.11% 30-year fixed, Freddie Mac Primary Mortgage Market Survey via FRED, as of 2026-03-12. Not a lender quote or approval.
Property-tax input: State-level effective owner-occupied property-tax proxy Not a parcel or individual tax-bill estimate.

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City details

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Overall cost index98100 = U.S. baseline
Goods1077% above baseline
Services1000% above baseline
Utilities8416% below baseline
Frequently asked questions about Evergreen Park

Living in Evergreen Park

What is the cost of living like in Evergreen Park, IL?+

Living costs in Evergreen Park land close to the national average, with a Cost Index of 98 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $276,805, and typical monthly rents are $1,425. Groceries and utilities are slightly above what you would find in most US cities.

How does Evergreen Park fit a household housing budget?+

Start with housing. Typical monthly rent is $1,425, while local median household income is $95,738. That implies a rent-burden proxy of about 18% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.

How much are taxes in Evergreen Park, IL?+

Illinois uses a flat model; 4.95% is top marginal-rate context. Applying the 2.07% state-level effective owner-occupied proxy to a home worth $276,805 gives a planning estimate near $5,730 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 8.82%.

How much does it cost to rent in Evergreen Park, IL?+

The typical monthly rent in Evergreen Park is around $1,425. That's close to the $1,348 national median. For comparison, the median home value here is $276,805, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Evergreen Park, IL?+

The typical home value in Evergreen Park is $276,805. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,343/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 83% of residents here own their homes.

Are groceries and utilities expensive in Evergreen Park?+

Grocery prices in Evergreen Park are noticeably pricier compared to the rest of the US (index: 107, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 84). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is Evergreen Park, IL like to live in?+

Evergreen Park is a small town with a population of about 19,498. The median age of residents is 38.1, which is close to the national median. The local poverty rate is 5.25%, well below the national average of 12.4%.