Cost of Living in Lemont, IL

Population 17,643 · Illinois · Data vintage 2023

125
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lemont is effectively a commuter community: the average resident spends 39 minutes each way getting to work, well above the 27-minute US median. Housing costs ($448,000 for a typical home) tend to reflect the tradeoff between price and access.

Geographically, Lemont sits roughly 11 miles southeast of Naperville. Median home values run roughly 12% lower than Naperville's $510,000.

Cost Overview

Housing 147
Rent 92

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

About the Cost of Living in Lemont

The median home value in Lemont is $447,800 — 47% above the national median of $305,000. Median rent runs $1,211/month, 8% lower than the national median of $1,314/month. The median household income of $126,100/year is 69% higher than the US median of $74,580. The local unemployment rate is 4.3%, 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, Lemont has a cost of living index of 125 versus the US average of 100, meaning it is 25% more expensive.

🏠 Housing

Median Home Value
$447,800
47% above avg
Zillow Home Value
$552,811
Zillow ZHVI
Median Rent
$1,211/mo
8% below avg
Price-to-Rent Ratio
30.8x
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 87.2%
Renter-occupied 12.8%

💰 Estimated Monthly Budget

Rent median rent
$1,211
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,825/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
38.6 min
43% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.4%

Commute Mode

Drove alone
76.3%
Carpooled
3.4%
Public transit
2.7%
Walked
2.9%
Work from home
14.4%

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
$126,100
69% above avg
Per Capita Income
$53,572
Unemployment Rate
4.3%
10% below avg
Poverty Rate
3.1%
Labor Force Participation
64.5%

🎓 Education

Bachelor's degree+ 27.6%
Graduate degree 17.9%

👥 Demographics

Median Age 43.7
Male median age 42.4
Female median age 45.7

💨 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 Lemont, IL?

Lemont has a cost index of 125 (100 = national average). It is 25% above the national average.

What is average rent in Lemont, IL?

The median gross rent in Lemont is $1,211 per month based on 2023 Census data.

What is the average home price in Lemont?

The median home value in Lemont is $447,800 according to Zillow and Census data.

What is the median income in Lemont?

The median household income in Lemont is $126,100 per year (2023 ACS 5-year estimates).

What is the sales tax in Lemont, IL?

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

Is Lemont, IL affordable?

Lemont is above average in cost of living, with an index of 125 — about 25% higher than the national average.

Lemont at a Glance

Population
17,643
Median Income
$126,100
Home Value
$447,800
Median Rent
$1,211/mo
Unemployment
4.3%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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