Tinley Park, IL

Living costs in Tinley Park land close to the national average, with a Cost Index of 104 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $319,323, and typical monthly rents run around $1,518. Groceries and utilities are slightly above what you would find in most US cities.

Start with housing. Typical monthly rent is $1,518, while local median household income is $103,819. That implies a rent-burden proxy of about 18% 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 $319,323, that translates to roughly $6,610 per year in property taxes. Sales tax (state + local) averages around 8.82% on everyday purchases.

The typical monthly rent in Tinley Park is around $1,518. That's about 13% higher than the $1,348 national median. For comparison, the median home value here is $319,323, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Tinley Park is valued at $319,323. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,615/month for principal and interest alone — before property taxes and insurance. About 88% of residents here own their homes.

Grocery prices in Tinley 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.

Tinley Park is a smaller city with a population of about 55,007. The median age of residents is 42.3, skewing somewhat older — common in established suburban communities. The local poverty rate is 5.23%, well below the national average of 12.4%.