Cost of Living in Dwight, IL
Population 3,794 · Illinois · Data vintage 2023
(100 = US avg)
Dwight offers a notably favorable income-to-housing ratio for its region. The typical home — $143,000 — costs less than 2.1 times median household income of $67,712, a threshold many coastal markets passed a decade ago.
Geographically, Dwight is about 30 miles southwest of Joliet, the nearest large metro. Median home values run roughly 42% lower than Joliet's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Dwight
The median home value in Dwight is $143,200 — 53% below the national median of $305,000. Median rent runs $992/month, 25% lower than the national median of $1,314/month. The median household income of $67,712/year is 9% lower than the US median of $74,580. The local unemployment rate is 3.6%, 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, Dwight has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
Dwight has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
Frequently Asked Questions
What is the cost of living in Dwight, IL?
Dwight has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Dwight, IL?
The median gross rent in Dwight is $992 per month based on 2023 Census data.
What is the average home price in Dwight?
The median home value in Dwight is $143,200 according to Zillow and Census data.
What is the median income in Dwight?
The median household income in Dwight is $67,712 per year (2023 ACS 5-year estimates).
What is the sales tax in Dwight, IL?
The combined state and local sales tax rate in Dwight is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Dwight, IL affordable?
Yes, Dwight is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
Dwight at a Glance
- Population
- 3,794
- Median Income
- $67,712
- Home Value
- $143,200
- Median Rent
- $992/mo
- Unemployment
- 3.6%
- Sales Tax
- 8.7%
Nearby Cities
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Illinois Rankings
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