Cost of Living in Burnham, IL

Population 3,978 · Illinois · Data vintage 2023

65
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Burnham is a smaller Illinois community of around 4000 residents, where median household incomes of $55,708 and housing costs ($146,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 9.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Burnham sits roughly 15 miles southeast of Chicago. Median home values run roughly 54% lower than Chicago's $315,000.

Cost Overview

Housing 48
Rent 90

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

About the Cost of Living in Burnham

The median home value in Burnham is $146,400 — 52% below the national median of $305,000. Median rent runs $1,183/month, 10% lower than the national median of $1,314/month. The median household income of $55,708/year is 25% lower than the US median of $74,580. The local unemployment rate is 9.9%, 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%. Overall, Burnham has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.

🏠 Housing

Median Home Value
$146,400
52% below avg
Zillow Home Value
$109,033
Zillow ZHVI
Median Rent
$1,183/mo
10% below avg
Price-to-Rent Ratio
10.3x
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 60.0%
Renter-occupied 40.0%

💰 Estimated Monthly Budget

Rent median rent
$1,183
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,797/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
37.8 min
40% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.8%

Commute Mode

Drove alone
68.1%
Carpooled
5.8%
Public transit
9.5%
Work from home
12.8%

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
$55,708
25% below avg
Per Capita Income
$26,142
Unemployment Rate
9.9%
106% above avg
Poverty Rate
13.8%
Labor Force Participation
60.3%

🎓 Education

Bachelor's degree+ 6.8%
Graduate degree 4.9%

👥 Demographics

Median Age 36.5
Male median age 35.3
Female median age 39.9

💨 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 Burnham, IL?

Burnham has a cost index of 65 (100 = national average). It is 35% below the national average.

What is average rent in Burnham, IL?

The median gross rent in Burnham is $1,183 per month based on 2023 Census data.

What is the average home price in Burnham?

The median home value in Burnham is $146,400 according to Zillow and Census data.

What is the median income in Burnham?

The median household income in Burnham is $55,708 per year (2023 ACS 5-year estimates).

What is the sales tax in Burnham, IL?

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

Is Burnham, IL affordable?

Yes, Burnham is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.