Cost of Living in Addison, IL
Population 35,470 · Illinois · Data vintage 2023
(100 = US avg)
The Addison cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $318,000, rents near $1,238 a month.
Addison sits roughly 15 miles northeast of Naperville — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 38% lower than Naperville's $510,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Addison
The median home value in Addison is $318,000 — 4% above the national median of $305,000. Median rent runs $1,238/month, 6% lower than the national median of $1,314/month. The median household income of $87,587/year is 17% higher than the US median of $74,580. The local unemployment rate is 4.4%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Addison has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Addison, IL?
Addison has a cost index of 100 (100 = national average). It is near the national average.
What is average rent in Addison, IL?
The median gross rent in Addison is $1,238 per month based on 2023 Census data.
What is the average home price in Addison?
The median home value in Addison is $318,000 according to Zillow and Census data.
What is the median income in Addison?
The median household income in Addison is $87,587 per year (2023 ACS 5-year estimates).
What is the sales tax in Addison, IL?
The combined state and local sales tax rate in Addison is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Addison, IL affordable?
Addison is near the national average in terms of cost of living, with an index of 100 (100 = US average).
Addison at a Glance
- Population
- 35,470
- Median Income
- $87,587
- Home Value
- $318,000
- Median Rent
- $1,238/mo
- Unemployment
- 4.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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