Cost of Living in Broadview, IL

Population 7,898 · Illinois · Data vintage 2023

81
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Broadview a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $241,000. At 7.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Broadview sits roughly 9 miles west of Chicago — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 24% lower than Chicago's $315,000.

Cost Overview

Housing 79
Rent 83

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

About the Cost of Living in Broadview

The median home value in Broadview is $240,600 — 21% below the national median of $305,000. Median rent runs $1,092/month, 17% lower than the national median of $1,314/month. The median household income of $60,139/year is 19% lower than the US median of $74,580. The local unemployment rate is 7.8%, 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, Broadview has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.

🏠 Housing

Median Home Value
$240,600
21% below avg
Zillow Home Value
$694,139
Zillow ZHVI
Median Rent
$1,092/mo
17% below avg
Price-to-Rent Ratio
18.4x
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 64.0%
Renter-occupied 36.0%

💰 Estimated Monthly Budget

Rent median rent
$1,092
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,706/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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.6%

Commute Mode

Drove alone
78.1%
Carpooled
7.2%
Public transit
5.1%
Walked
3.1%
Work from home
5.6%

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
$60,139
19% below avg
Per Capita Income
$32,654
Unemployment Rate
7.8%
62% above avg
Poverty Rate
10.7%
Labor Force Participation
60.2%

🎓 Education

Bachelor's degree+ 9.7%
Graduate degree 5.1%

👥 Demographics

Median Age 41.9
Male median age 41.1
Female median age 46.9

💨 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 Broadview, IL?

Broadview has a cost index of 81 (100 = national average). It is 19% below the national average.

What is average rent in Broadview, IL?

The median gross rent in Broadview is $1,092 per month based on 2023 Census data.

What is the average home price in Broadview?

The median home value in Broadview is $240,600 according to Zillow and Census data.

What is the median income in Broadview?

The median household income in Broadview is $60,139 per year (2023 ACS 5-year estimates).

What is the sales tax in Broadview, IL?

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

Is Broadview, IL affordable?

Yes, Broadview is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.

Broadview at a Glance

Population
7,898
Median Income
$60,139
Home Value
$240,600
Median Rent
$1,092/mo
Unemployment
7.8%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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