Cost of Living in Matteson, IL

Population 18,681 · Illinois · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

One of the defining characteristics of Matteson is a long average commute — 39 minutes one way, compared to a national median of 27. The city's housing pricing is difficult to evaluate without factoring in that daily time cost. At 10.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Matteson sits roughly 20 miles east of Joliet — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Joliet's $249,000 median.

Cost Overview

Housing 82
Rent 106

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

About the Cost of Living in Matteson

The median home value in Matteson is $251,400 — 18% below the national median of $305,000. Median rent runs $1,390/month, 6% higher than the national median of $1,314/month. The median household income of $98,617/year is 32% 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, Matteson has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$251,400
18% below avg
Zillow Home Value
$261,213
Zillow ZHVI
Median Rent
$1,390/mo
6% above avg
Zillow Rent
$2,359/mo
Zillow ZORI
Price-to-Rent Ratio
15.1x
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 77.0%
Renter-occupied 23.0%

💰 Estimated Monthly Budget

Rent median rent
$1,390
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,004/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
39.1 min
45% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.3%

Commute Mode

Drove alone
70.7%
Carpooled
5.1%
Public transit
4.2%
Walked
0.0%
Work from home
19.3%

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
$98,617
32% above avg
Per Capita Income
$47,102
Unemployment Rate
10.6%
121% above avg
Poverty Rate
9.4%
Labor Force Participation
64.7%

🎓 Education

Bachelor's degree+ 21.6%
Graduate degree 18.5%

👥 Demographics

Median Age 44.2
Male median age 43.4
Female median age 45.6

💨 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 Matteson, IL?

Matteson has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Matteson, IL?

The median gross rent in Matteson is $1,390 per month based on 2023 Census data.

What is the average home price in Matteson?

The median home value in Matteson is $251,400 according to Zillow and Census data.

What is the median income in Matteson?

The median household income in Matteson is $98,617 per year (2023 ACS 5-year estimates).

What is the sales tax in Matteson, IL?

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

Is Matteson, IL affordable?

Matteson is near the national average in terms of cost of living, with an index of 92 (100 = US average).