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Cost of Living in Dolton, IL

Population 20,825 · Census ACS 2020–2024 5-year estimates

Median rent$1,384
Median home value$151,300
Median household income$57,887

The median rent in Dolton, IL is $1,384/month, 9% higher than the Illinois median and 2% lower than the U.S. median. The median home value is $151,300, 55% lower than the national median. Households earn a median of $57,887 a year, 31% lower than the state median.

Affordability

Rent as a share of median income: 28.7%
Income needed for median rent (30% rule): $55,360/yr
Home price-to-income ratio: 2.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $765/mo

Run your own numbers: mortgage calculator · hourly to salary

Dolton vs. Illinois vs. U.S.

DoltonIllinoisU.S.
Median rent$1,384$1,274$1,413
Median home value$151,300$263,300$332,700
Median household income$57,887$83,390$80,734
Homeownership rate72.6%67.1%65.2%
Bachelor's degree or higher22.7%37.8%35.7%
Poverty rate21.7%11.8%12.5%
Unemployment rate12.8%5.8%5.2%
Work from home11.0%15.9%15.1%
Median age40.339.038.9

FAQ

What is the average rent in Dolton, IL?

The median gross rent in Dolton, IL is $1,384 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $55,360 a year in gross income.

Is Dolton, IL expensive to live in?

Rent there is 2% lower than the U.S. median, and the median home costs about 2.6 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

Savannah, GARent $1,382 · Income $57,137Sunrise Manor, NVRent $1,397 · Income $58,421Ensley, FLRent $1,378 · Income $59,084Paradise, NVRent $1,372 · Income $59,190Haltom City, TXRent $1,415 · Income $59,057Ocala, FLRent $1,359 · Income $56,376

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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