Cost of Living in Evanston, IL

Population 76,552 · Illinois · Data vintage 2023

145
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Evanston lands reasonably close to national benchmarks on most cost indicators, with a median home value of $472,000 — 55% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Illinois. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Evanston sits roughly 14 miles north of Chicago — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 50% higher than Chicago's $315,000.

Cost Overview

Housing 155
Rent 129

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

About the Cost of Living in Evanston

The median home value in Evanston is $472,300 — 55% above the national median of $305,000. Median rent runs $1,698/month, 29% higher than the national median of $1,314/month. The median household income of $95,766/year is 28% higher than the US median of $74,580. The local unemployment rate is 6.3%, 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, Evanston has a cost of living index of 145 versus the US average of 100, meaning it is 45% more expensive.

🏠 Housing

Median Home Value
$472,300
55% above avg
Zillow Home Value
$457,796
Zillow ZHVI
Median Rent
$1,698/mo
29% above avg
Zillow Rent
$2,341/mo
Zillow ZORI
Price-to-Rent Ratio
23.2x
Favors renting
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 55.8%
Renter-occupied 44.2%

💰 Estimated Monthly Budget

Rent median rent
$1,698
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,312/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
31.2 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.5%

Commute Mode

Drove alone
42.0%
Carpooled
4.1%
Public transit
13.0%
Walked
10.9%
Bicycle
3.2%
Work from home
25.5%

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
$95,766
28% above avg
Per Capita Income
$65,988
Unemployment Rate
6.3%
32% above avg
Poverty Rate
11.9%
Labor Force Participation
63.4%

🎓 Education

Bachelor's degree+ 30.1%
Graduate degree 40.2%

👥 Demographics

Median Age 38
Male median age 36
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 Evanston, IL?

Evanston has a cost index of 145 (100 = national average). It is 45% above the national average.

What is average rent in Evanston, IL?

The median gross rent in Evanston is $1,698 per month based on 2023 Census data.

What is the average home price in Evanston?

The median home value in Evanston is $472,300 according to Zillow and Census data.

What is the median income in Evanston?

The median household income in Evanston is $95,766 per year (2023 ACS 5-year estimates).

What is the sales tax in Evanston, IL?

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

Is Evanston, IL affordable?

Evanston is above average in cost of living, with an index of 145 — about 45% higher than the national average.

Evanston at a Glance

Population
76,552
Median Income
$95,766
Home Value
$472,300
Median Rent
$1,698/mo
Unemployment
6.3%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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