Cost of Living in Minooka, IL

Population 12,632 · Illinois · Data vintage 2023

111

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Minooka a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $289,000.

Geographically, Minooka sits roughly 9 miles southwest of Joliet. Median home values run roughly 16% higher than Joliet's $249,000.

Cost Overview

Housing 95

Rent 135

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

About the Cost of Living in Minooka

The median home value in Minooka is $288,600 — 5% below the national median of $305,000. Median rent runs $1,780/month, 35% higher than the national median of $1,314/month. The median household income of $122,163/year is 64% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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, Minooka has a cost of living index of 111 versus the US average of 100, meaning it is 11% more expensive.

🏠 Housing

Median Home Value

$288,600

5% below avg

Zillow Home Value

$361,866

Zillow ZHVI

Median Rent

$1,780/mo

35% above avg

Price-to-Rent Ratio

13.5x

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 94.3%

Renter-occupied 5.7%

💰 Estimated Monthly Budget

Rent median rent

$1,780

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,394/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

36.2 min

34% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

11.3%

Commute Mode

Drove alone

81.3%

Carpooled

5.2%

Public transit

0.7%

Walked

0.1%

Work from home

11.3%

⚡ 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

$122,163

64% above avg

Per Capita Income

$46,490

Unemployment Rate

4.5%

7% below avg

Poverty Rate

2.1%

Labor Force Participation

74.8%

🎓 Education

Bachelor's degree+ 21.1%

Graduate degree 8.6%

👥 Demographics

Median Age 33.3

Male median age 32.2

Female median age 33.7

Frequently Asked Questions

What is the cost of living in Minooka, IL?

Minooka has a cost index of 111 (100 = national average). It is 11% above the national average.

What is average rent in Minooka, IL?

The median gross rent in Minooka is $1,780 per month based on 2023 Census data.

What is the average home price in Minooka?

The median home value in Minooka is $288,600 according to Zillow and Census data.

What is the median income in Minooka?

The median household income in Minooka is $122,163 per year (2023 ACS 5-year estimates).

What is the sales tax in Minooka, IL?

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

Is Minooka, IL affordable?

Minooka is above average in cost of living, with an index of 111 — about 11% higher than the national average.

Minooka at a Glance

Population: 12,632
Median Income: $122,163
Home Value: $288,600
Median Rent: $1,780/mo
Unemployment: 4.5%
Sales Tax: 8.7%

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