Cost of Living in Carol Stream, IL

Population 39,427 · Illinois · Data vintage 2023

105
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Carol Stream lands reasonably close to national benchmarks on most cost indicators, with a median home value of $309,000 — 1% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Illinois.

Located 12 miles north of Naperville, Carol Stream falls within that metro's commuting orbit. Median home values run roughly 39% lower than Naperville's $510,000.

Cost Overview

Housing 101
Rent 111

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

About the Cost of Living in Carol Stream

The median home value in Carol Stream is $308,700 — 1% above the national median of $305,000. Median rent runs $1,465/month, 11% higher than the national median of $1,314/month. The median household income of $105,395/year is 41% higher than the US median of $74,580. The local unemployment rate is 4.2%, 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, Carol Stream has a cost of living index of 105 versus the US average of 100, meaning it is 5% more expensive.

🏠 Housing

Median Home Value
$308,700
1% above avg
Zillow Home Value
$368,752
Zillow ZHVI
Median Rent
$1,465/mo
11% above avg
Zillow Rent
$1,788/mo
Zillow ZORI
Price-to-Rent Ratio
17.6x
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 68.1%
Renter-occupied 31.9%

💰 Estimated Monthly Budget

Rent median rent
$1,465
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,079/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
31.5 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.4%

Commute Mode

Drove alone
71.3%
Carpooled
10.9%
Public transit
2.7%
Walked
1.0%
Bicycle
0.1%
Work from home
13.4%

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
$105,395
41% above avg
Per Capita Income
$44,595
Unemployment Rate
4.2%
13% below avg
Poverty Rate
7.0%
Labor Force Participation
70.2%

🎓 Education

Bachelor's degree+ 30.1%
Graduate degree 13.7%

👥 Demographics

Median Age 39.3
Male median age 37.8
Female median age 41.3

💨 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 Carol Stream, IL?

Carol Stream has a cost index of 105 (100 = national average). It is 5% above the national average.

What is average rent in Carol Stream, IL?

The median gross rent in Carol Stream is $1,465 per month based on 2023 Census data.

What is the average home price in Carol Stream?

The median home value in Carol Stream is $308,700 according to Zillow and Census data.

What is the median income in Carol Stream?

The median household income in Carol Stream is $105,395 per year (2023 ACS 5-year estimates).

What is the sales tax in Carol Stream, IL?

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

Is Carol Stream, IL affordable?

Carol Stream is near the national average in terms of cost of living, with an index of 105 (100 = US average).

Carol Stream at a Glance

Population
39,427
Median Income
$105,395
Home Value
$308,700
Median Rent
$1,465/mo
Unemployment
4.2%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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