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Cost of Living in Lombard, IL

Population 43,619 · Census ACS 2020–2024 5-year estimates

Median rent$1,948
Median home value$335,700
Median household income$100,362

The median rent in Lombard, IL is $1,948/month, 53% higher than the Illinois median and 38% higher than the U.S. median. The median home value is $335,700, about the same as the national median. Households earn a median of $100,362 a year, 20% higher than the state median.

Affordability

Rent as a share of median income: 23.3%
Income needed for median rent (30% rule): $77,920/yr
Home price-to-income ratio: 3.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,697/mo

Run your own numbers: mortgage calculator · hourly to salary

Lombard vs. Illinois vs. U.S.

LombardIllinoisU.S.
Median rent$1,948$1,274$1,413
Median home value$335,700$263,300$332,700
Median household income$100,362$83,390$80,734
Homeownership rate70.8%67.1%65.2%
Bachelor's degree or higher49.9%37.8%35.7%
Poverty rate7.2%11.8%12.5%
Unemployment rate4.4%5.8%5.2%
Work from home20.4%15.9%15.1%
Median age39.239.038.9

FAQ

What is the average rent in Lombard, IL?

The median gross rent in Lombard, IL is $1,948 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $77,920 a year in gross income.

Is Lombard, IL expensive to live in?

Rent there is 38% higher than the U.S. median, and the median home costs about 3.3 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

East Lake, FLRent $1,942 · Income $99,333Orangevale, CARent $1,932 · Income $99,832Ocoee, FLRent $1,946 · Income $98,911Buckeye, AZRent $1,963 · Income $99,486Golden, CORent $1,953 · Income $98,582Silver Spring, MDRent $1,913 · Income $99,860

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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