Cost of Living in Alsip, IL

Population 18,650 · Illinois · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Alsip stay well under national norms: a median home value of $209,000 against median household incomes of $67,557 gives the city one of the more comfortable price-to-income ratios in Illinois. Unemployment has stayed elevated relative to the national figure — 7.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Alsip sits roughly 12 miles south of Chicago. Median home values run roughly 34% lower than Chicago's $315,000.

Cost Overview

Housing 68
Rent 84

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Alsip

The median home value in Alsip is $208,700 — 32% below the national median of $305,000. Median rent runs $1,102/month, 16% lower than the national median of $1,314/month. The median household income of $67,557/year is 9% lower than the US median of $74,580. The local unemployment rate is 7.6%, above 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, Alsip has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$208,700
32% below avg
Zillow Home Value
$258,628
Zillow ZHVI
Median Rent
$1,102/mo
16% below avg
Zillow Rent
$1,547/mo
Zillow ZORI
Price-to-Rent Ratio
15.8x
Favors buying
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 65.2%
Renter-occupied 34.8%

💰 Estimated Monthly Budget

Rent median rent
$1,102
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,716/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.9 min
22% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.9%

Commute Mode

Drove alone
75.8%
Carpooled
8.1%
Public transit
4.0%
Walked
2.8%
Bicycle
0.5%
Work from home
7.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$67,557
9% below avg
Per Capita Income
$34,222
Unemployment Rate
7.6%
59% above avg
Poverty Rate
11.4%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 13.2%
Graduate degree 8.1%

👥 Demographics

Median Age 39.5
Male median age 35.7
Female median age 43.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
28.5%
Good air days/yr
223
Max AQI recorded
252
PM2.5 days
97
Ozone days

Frequently Asked Questions

What is the cost of living in Alsip, IL?

Alsip has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Alsip, IL?

The median gross rent in Alsip is $1,102 per month based on 2023 Census data.

What is the average home price in Alsip?

The median home value in Alsip is $208,700 according to Zillow and Census data.

What is the median income in Alsip?

The median household income in Alsip is $67,557 per year (2023 ACS 5-year estimates).

What is the sales tax in Alsip, IL?

The combined state and local sales tax rate in Alsip is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Alsip, IL affordable?

Yes, Alsip is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

Alsip at a Glance

Population
18,650
Median Income
$67,557
Home Value
$208,700
Median Rent
$1,102/mo
Unemployment
7.6%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs