Cost of Living in Bloomingdale, IL

Population 22,388 · Illinois · Data vintage 2023

120
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bloomingdale is a smaller Illinois community of around 22000 residents, where median household incomes of $98,891 and housing costs ($363,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 14 miles east of Elgin, Bloomingdale falls within that metro's commuting orbit. Median home values run roughly 44% higher than Elgin's $252,000.

Cost Overview

Housing 119
Rent 122

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

About the Cost of Living in Bloomingdale

The median home value in Bloomingdale is $363,100 — 19% above the national median of $305,000. Median rent runs $1,607/month, 22% higher than the national median of $1,314/month. The median household income of $98,891/year is 33% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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, Bloomingdale has a cost of living index of 120 versus the US average of 100, meaning it is 20% more expensive.

🏠 Housing

Median Home Value
$363,100
19% above avg
Zillow Home Value
$419,533
Zillow ZHVI
Median Rent
$1,607/mo
22% above avg
Zillow Rent
$2,522/mo
Zillow ZORI
Price-to-Rent Ratio
18.8x
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 73.2%
Renter-occupied 26.8%

💰 Estimated Monthly Budget

Rent median rent
$1,607
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,221/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
29.2 min
8% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.7%

Commute Mode

Drove alone
75.0%
Carpooled
4.2%
Public transit
2.0%
Walked
0.7%
Bicycle
0.0%
Work from home
16.7%

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
$98,891
33% above avg
Per Capita Income
$55,324
Unemployment Rate
4.5%
7% below avg
Poverty Rate
6.8%
Labor Force Participation
63.9%

🎓 Education

Bachelor's degree+ 28.6%
Graduate degree 15.1%

👥 Demographics

Median Age 42.8
Male median age 41.1
Female median age 46.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
40%
Good air days/yr
234
Max AQI recorded
264
PM2.5 days
101
Ozone days

Frequently Asked Questions

What is the cost of living in Bloomingdale, IL?

Bloomingdale has a cost index of 120 (100 = national average). It is 20% above the national average.

What is average rent in Bloomingdale, IL?

The median gross rent in Bloomingdale is $1,607 per month based on 2023 Census data.

What is the average home price in Bloomingdale?

The median home value in Bloomingdale is $363,100 according to Zillow and Census data.

What is the median income in Bloomingdale?

The median household income in Bloomingdale is $98,891 per year (2023 ACS 5-year estimates).

What is the sales tax in Bloomingdale, IL?

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

Is Bloomingdale, IL affordable?

Bloomingdale is above average in cost of living, with an index of 120 — about 20% higher than the national average.

Bloomingdale at a Glance

Population
22,388
Median Income
$98,891
Home Value
$363,100
Median Rent
$1,607/mo
Unemployment
4.5%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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