Cost of Living in Beach Park, IL

Population 13,988 · Illinois · Data vintage 2023

82
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Beach Park stay well under national norms: a median home value of $224,000 against median household incomes of $83,069 gives the city one of the more comfortable price-to-income ratios in Illinois. At 8.9%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Beach Park is about 35 miles northeast of Elgin, the nearest large metro. Median home values run roughly 11% lower than Elgin's $252,000.

Cost Overview

Housing 73
Rent 94

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

About the Cost of Living in Beach Park

The median home value in Beach Park is $223,600 — 27% below the national median of $305,000. Median rent runs $1,235/month, 6% lower than the national median of $1,314/month. The median household income of $83,069/year is 11% higher than the US median of $74,580. The local unemployment rate is 8.9%, 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%. The climate averages highs of 57.2°F and lows of 39.3°F. Overall, Beach Park has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.

🏠 Housing

Median Home Value
$223,600
27% below avg
Zillow Home Value
$288,321
Zillow ZHVI
Median Rent
$1,235/mo
6% below avg
Price-to-Rent Ratio
15.1x
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 84.3%
Renter-occupied 15.7%

💰 Estimated Monthly Budget

Rent median rent
$1,235
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,849/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
28.3 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.4%

Commute Mode

Drove alone
77.2%
Carpooled
10.6%
Public transit
0.6%
Walked
0.2%
Work from home
10.4%

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
$83,069
11% above avg
Per Capita Income
$30,697
Unemployment Rate
8.9%
84% above avg
Poverty Rate
11.8%
Labor Force Participation
63.1%

🎓 Education

Bachelor's degree+ 9.6%
Graduate degree 5.9%

👥 Demographics

Median Age 36.2
Male median age 36.1
Female median age 36.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.2°F
Avg Low
39.3°F
Annual Precip
35.3"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313444566777818073614836
Low °F 161827364656626154433122
Precip" 1.411.522.223.773.924.453.483.593.573.252.261.86

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
74.9%
Good air days/yr
179
Max AQI recorded
0
PM2.5 days
243
Ozone days

Frequently Asked Questions

What is the cost of living in Beach Park, IL?

Beach Park has a cost index of 82 (100 = national average). It is 18% below the national average.

What is average rent in Beach Park, IL?

The median gross rent in Beach Park is $1,235 per month based on 2023 Census data.

What is the average home price in Beach Park?

The median home value in Beach Park is $223,600 according to Zillow and Census data.

What is the median income in Beach Park?

The median household income in Beach Park is $83,069 per year (2023 ACS 5-year estimates).

What is the sales tax in Beach Park, IL?

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

Is Beach Park, IL affordable?

Yes, Beach Park is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.

What is the weather like in Beach Park?

Beach Park has average high temperatures of 57.2°F and average lows of 39.3°F. Annual precipitation is 35.3". Data from NOAA 1991–2020 Climate Normals.

Beach Park at a Glance

Population
13,988
Median Income
$83,069
Home Value
$223,600
Median Rent
$1,235/mo
Unemployment
8.9%
Avg High Temp
57.2°F
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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