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Cost of Living in North Chicago, IL

Population 30,643 · Census ACS 2020–2024 5-year estimates

Median rent$1,426
Median home value$159,600
Median household income$60,172

The median rent in North Chicago, IL is $1,426/month, 12% higher than the Illinois median and about the same as the U.S. median. The median home value is $159,600, 52% lower than the national median. Households earn a median of $60,172 a year, 28% lower than the state median.

Affordability

Rent as a share of median income: 28.4%
Income needed for median rent (30% rule): $57,040/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $807/mo

Run your own numbers: mortgage calculator · hourly to salary

North Chicago vs. Illinois vs. U.S.

North ChicagoIllinoisU.S.
Median rent$1,426$1,274$1,413
Median home value$159,600$263,300$332,700
Median household income$60,172$83,390$80,734
Homeownership rate32.6%67.1%65.2%
Bachelor's degree or higher20.8%37.8%35.7%
Poverty rate24.5%11.8%12.5%
Unemployment rate9.9%5.8%5.2%
Work from home25.5%15.9%15.1%
Median age23.239.038.9

FAQ

What is the average rent in North Chicago, IL?

The median gross rent in North Chicago, IL is $1,426 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $57,040 a year in gross income.

Is North Chicago, IL expensive to live in?

Rent there is about the same as the U.S. median, and the median home costs about 2.7 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

Yucca Valley, CARent $1,428 · Income $59,563University CDP (Orange County), FLRent $1,445 · Income $59,852East Orange, NJRent $1,441 · Income $60,830Haltom City, TXRent $1,415 · Income $59,057Poughkeepsie, NYRent $1,400 · Income $60,741Hayesville, ORRent $1,435 · Income $58,624

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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