Itasca, IL

Yes — Itasca is about 19% more expensive than the national average, with an overall Cost Index of 119. Housing is the biggest factor: the typical home here is valued around $432,319, and monthly rents average roughly $1,779. Day-to-day costs like groceries and utilities tend to run higher than average as well.

Start with housing. Typical monthly rent is $1,779, while local median household income is $111,898. That implies a rent-burden proxy of about 19% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Illinois has a progressive state income tax with a top rate of 4.95%. The effective property tax rate is 2.07%. On a home worth $432,319, that translates to roughly $8,949 per year in property taxes. Sales tax (state + local) averages around 8.82% on everyday purchases.

The typical monthly rent in Itasca is around $1,779. That's about 32% higher than the $1,348 national median. For comparison, the median home value here is $432,319, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Itasca is valued at $432,319. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $2,186/month for principal and interest alone — before property taxes and insurance. About 69% of residents here own their homes.

Grocery prices in Itasca 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.

Itasca is a small town with a population of about 9,525. The median age of residents is 42.4, skewing somewhat older — common in established suburban communities. The local poverty rate is 1.84%, well below the national average of 12.4%.