Cost of Living in Flossmoor, IL

Population 9,666 · Illinois · Data vintage 2023

128
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Flossmoor is a smaller Illinois community of around 10000 residents, where median household incomes of $137,768 and housing costs ($309,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 10.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Flossmoor sits roughly 20 miles south of Chicago — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Chicago's $315,000 median.

Cost Overview

Housing 101
Rent 167

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

About the Cost of Living in Flossmoor

The median home value in Flossmoor is $309,100 — 1% above the national median of $305,000. Median rent runs $2,191/month, 67% higher than the national median of $1,314/month. The median household income of $137,768/year is 85% higher than the US median of $74,580. The local unemployment rate is 10.6%, 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, Flossmoor has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.

🏠 Housing

Median Home Value
$309,100
1% above avg
Zillow Home Value
$319,545
Zillow ZHVI
Median Rent
$2,191/mo
67% above avg
Price-to-Rent Ratio
11.8x
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 95.9%
Renter-occupied 4.1%

💰 Estimated Monthly Budget

Rent median rent
$2,191
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,805/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
42.7 min
58% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
33.7%

Commute Mode

Drove alone
45.4%
Carpooled
6.0%
Public transit
14.5%
Walked
0.4%
Work from home
33.7%

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
$137,768
85% above avg
Per Capita Income
$70,353
Unemployment Rate
10.6%
120% above avg
Poverty Rate
3.0%
Labor Force Participation
66.2%

🎓 Education

Bachelor's degree+ 34.3%
Graduate degree 32.7%

👥 Demographics

Median Age 44.2
Male median age 42.6
Female median age 47.2

💨 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 Flossmoor, IL?

Flossmoor has a cost index of 128 (100 = national average). It is 28% above the national average.

What is average rent in Flossmoor, IL?

The median gross rent in Flossmoor is $2,191 per month based on 2023 Census data.

What is the average home price in Flossmoor?

The median home value in Flossmoor is $309,100 according to Zillow and Census data.

What is the median income in Flossmoor?

The median household income in Flossmoor is $137,768 per year (2023 ACS 5-year estimates).

What is the sales tax in Flossmoor, IL?

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

Is Flossmoor, IL affordable?

Flossmoor is above average in cost of living, with an index of 128 — about 28% higher than the national average.

Flossmoor at a Glance

Population
9,666
Median Income
$137,768
Home Value
$309,100
Median Rent
$2,191/mo
Unemployment
10.6%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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