Cost of Living in Norridge, IL

Population 15,177 · Illinois · Data vintage 2023

114
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

A 37-minute average commute puts Norridge squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $361,000 reflect that spatial discount. At 7.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Norridge sits roughly 11 miles northwest of Chicago. Median home values run roughly 15% higher than Chicago's $315,000.

Cost Overview

Housing 118
Rent 108

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

About the Cost of Living in Norridge

The median home value in Norridge is $361,000 — 18% above the national median of $305,000. Median rent runs $1,421/month, 8% higher than the national median of $1,314/month. The median household income of $87,579/year is 17% higher than the US median of $74,580. The local unemployment rate is 7.5%, 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, Norridge has a cost of living index of 114 versus the US average of 100, meaning it is 14% more expensive.

🏠 Housing

Median Home Value
$361,000
18% above avg
Zillow Home Value
$396,146
Zillow ZHVI
Median Rent
$1,421/mo
8% above avg
Price-to-Rent Ratio
21.2x
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 83.6%
Renter-occupied 16.4%

💰 Estimated Monthly Budget

Rent median rent
$1,421
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,035/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
36.7 min
36% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.9%

Commute Mode

Drove alone
79.8%
Carpooled
5.7%
Public transit
2.0%
Walked
3.0%
Bicycle
0.0%
Work from home
7.9%

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
$87,579
17% above avg
Per Capita Income
$46,887
Unemployment Rate
7.5%
57% above avg
Poverty Rate
5.4%
Labor Force Participation
60.1%

🎓 Education

Bachelor's degree+ 19.9%
Graduate degree 9.5%

👥 Demographics

Median Age 47
Male median age 46.9
Female median age 47.1

💨 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 Norridge, IL?

Norridge has a cost index of 114 (100 = national average). It is 14% above the national average.

What is average rent in Norridge, IL?

The median gross rent in Norridge is $1,421 per month based on 2023 Census data.

What is the average home price in Norridge?

The median home value in Norridge is $361,000 according to Zillow and Census data.

What is the median income in Norridge?

The median household income in Norridge is $87,579 per year (2023 ACS 5-year estimates).

What is the sales tax in Norridge, IL?

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

Is Norridge, IL affordable?

Norridge is above average in cost of living, with an index of 114 — about 14% higher than the national average.