Cost of Living in Calumet Park, IL

Population 6,836 · Illinois · Data vintage 2023

71
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Calumet Park sits on the smaller end of the Illinois city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 17.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 12 miles south of Chicago, Calumet Park falls within that metro's commuting orbit. Median home values run roughly 43% lower than Chicago's $315,000.

Cost Overview

Housing 59
Rent 88

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

About the Cost of Living in Calumet Park

The median home value in Calumet Park is $180,800 — 41% below the national median of $305,000. Median rent runs $1,157/month, 12% lower than the national median of $1,314/month. The median household income of $57,389/year is 23% lower than the US median of $74,580. The local unemployment rate is 17.2%, 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, Calumet Park has a cost of living index of 71 versus the US average of 100, meaning it is 29% less expensive.

🏠 Housing

Median Home Value
$180,800
41% below avg
Zillow Home Value
$425,818
Zillow ZHVI
Median Rent
$1,157/mo
12% below avg
Zillow Rent
$945/mo
Zillow ZORI
Price-to-Rent Ratio
13.0x
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 57.5%
Renter-occupied 42.5%

💰 Estimated Monthly Budget

Rent median rent
$1,157
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,771/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
42.0 min
56% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.8%

Commute Mode

Drove alone
64.2%
Carpooled
8.9%
Public transit
15.2%
Work from home
8.8%

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
$57,389
23% below avg
Per Capita Income
$25,854
Unemployment Rate
17.2%
257% above avg
Poverty Rate
13.7%
Labor Force Participation
63.0%

🎓 Education

Bachelor's degree+ 12.9%
Graduate degree 5.9%

👥 Demographics

Median Age 36.5
Male median age 34.2
Female median age 38.8

💨 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 Calumet Park, IL?

Calumet Park has a cost index of 71 (100 = national average). It is 29% below the national average.

What is average rent in Calumet Park, IL?

The median gross rent in Calumet Park is $1,157 per month based on 2023 Census data.

What is the average home price in Calumet Park?

The median home value in Calumet Park is $180,800 according to Zillow and Census data.

What is the median income in Calumet Park?

The median household income in Calumet Park is $57,389 per year (2023 ACS 5-year estimates).

What is the sales tax in Calumet Park, IL?

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

Is Calumet Park, IL affordable?

Yes, Calumet Park is generally considered affordable, with a cost of living index of 71 — about 29% below the US national average of 100.

Calumet Park at a Glance

Population
6,836
Median Income
$57,389
Home Value
$180,800
Median Rent
$1,157/mo
Unemployment
17.2%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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