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North Chicago, IL

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
59
Very Affordable
Median Home Value
$147,800
National: $426,735
Median Rent
$1,392/mo
National: $1,527/mo
Household Income
$56,815
National: $84,532
Population
30,772
Purchasing Power
114
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
35 / 100
100 = national average
Rent Index
91 / 100
Overall Index
59
Very Affordable

North Chicago Mortgage Calculator

Pre-filled with the local median home value of $147,800 and Illinois's property tax rate of 2.07%.

Salary & Purchasing Power

Median household income is $56,815 33% below the national average.

What $56,815 in North Chicago Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$145,408+156%
Los Angeles, CA$163,704+188%
El Paso, TX$50,074-12%
Detroit, MI$38,519-32%

Property Tax in North Chicago, IL

Est. Annual Property Tax
$3,059
Monthly Impact
$255
Added to your mortgage
Effective Rate
2.07%
National avg: ~1.00%

Illinois Tax Overview

Tax TypeIllinoisNational Avg
Property Tax Rate2.07%1.00%
Top Income Tax Rate4.95%~5.0%
State Sales Tax8.82%~5.0%

Compare North Chicago to Another City

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Cost of Living Comparison

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North Chicago, IL
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
North Chicago, IL: 35
Rent Prices
91
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR