Cost of Living in Deerfield, IL
Population 19,185 · Illinois · Data vintage 2023
(100 = US avg)
Home prices in Deerfield run well above the national baseline, with a median of $609,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $189,705 place the city among the better-paid Illinois metros. An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.
Geographically, Deerfield sits roughly 25 miles northwest of Chicago. Median home values run roughly 93% higher than Chicago's $315,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Deerfield
The median home value in Deerfield is $608,600 — 100% above the national median of $305,000. Median rent runs $2,345/month, 78% higher than the national median of $1,314/month. The median household income of $189,705/year is 154% higher than the US median of $74,580. The local unemployment rate is 2.4%, 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, Deerfield has a cost of living index of 191 versus the US average of 100, meaning it is 91% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Deerfield, IL?
Deerfield has a cost index of 191 (100 = national average). It is 91% above the national average.
What is average rent in Deerfield, IL?
The median gross rent in Deerfield is $2,345 per month based on 2023 Census data.
What is the average home price in Deerfield?
The median home value in Deerfield is $608,600 according to Zillow and Census data.
What is the median income in Deerfield?
The median household income in Deerfield is $189,705 per year (2023 ACS 5-year estimates).
What is the sales tax in Deerfield, IL?
The combined state and local sales tax rate in Deerfield is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Deerfield, IL affordable?
Deerfield is above average in cost of living, with an index of 191 — about 91% higher than the national average.
Deerfield at a Glance
- Population
- 19,185
- Median Income
- $189,705
- Home Value
- $608,600
- Median Rent
- $2,345/mo
- Unemployment
- 2.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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