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Cost of Living in Bloomingdale, IL

Population 22,457 · Census ACS 2020–2024 5-year estimates

Median rent$1,603
Median home value$376,500
Median household income$102,928

The median rent in Bloomingdale, IL is $1,603/month, 26% higher than the Illinois median and 13% higher than the U.S. median. The median home value is $376,500, 13% higher than the national median. Households earn a median of $102,928 a year, 23% higher than the state median.

Affordability

Rent as a share of median income: 18.7%
Income needed for median rent (30% rule): $64,120/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,904/mo

Run your own numbers: mortgage calculator · hourly to salary

Bloomingdale vs. Illinois vs. U.S.

BloomingdaleIllinoisU.S.
Median rent$1,603$1,274$1,413
Median home value$376,500$263,300$332,700
Median household income$102,928$83,390$80,734
Homeownership rate74.6%67.1%65.2%
Bachelor's degree or higher45.0%37.8%35.7%
Poverty rate5.5%11.8%12.5%
Unemployment rate4.6%5.8%5.2%
Work from home18.8%15.9%15.1%
Median age43.239.038.9

FAQ

What is the average rent in Bloomingdale, IL?

The median gross rent in Bloomingdale, IL is $1,603 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bloomingdale, IL?

Using the common 30% rule, renting a median-priced home takes about $64,120 a year in gross income.

Is Bloomingdale, IL expensive to live in?

Rent there is 13% higher than the U.S. median, and the median home costs about 3.7 times the median household income.

Other cities in Illinois

Chicago, ILRent $1,440 · Income $77,902Aurora, ILRent $1,596 · Income $93,633Naperville, ILRent $1,885 · Income $155,105Joliet, ILRent $1,276 · Income $92,201Rockford, ILRent $985 · Income $54,752Elgin, ILRent $1,361 · Income $90,282

Cities with a similar cost of living

Bartlett, TNRent $1,638 · Income $102,070Pelham, ALRent $1,577 · Income $101,094Battle Ground, WARent $1,576 · Income $104,977St. Louis Park, MNRent $1,644 · Income $101,648Bountiful, UTRent $1,565 · Income $104,785Waipahu, HIRent $1,658 · Income $103,895

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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