Cost of Living in North Riverside, IL

Population 7,495 · Illinois · Data vintage 2023

96
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives North Riverside a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $295,000. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.

North Riverside sits roughly 7 miles west 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 97
Rent 95

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

About the Cost of Living in North Riverside

The median home value in North Riverside is $295,100 — 3% below the national median of $305,000. Median rent runs $1,254/month, 5% lower than the national median of $1,314/month. The median household income of $80,753/year is 8% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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, North Riverside has a cost of living index of 96 versus the US average of 100, meaning it is 4% less expensive.

🏠 Housing

Median Home Value
$295,100
3% below avg
Zillow Home Value
$167,096
Zillow ZHVI
Median Rent
$1,254/mo
5% below avg
Price-to-Rent Ratio
19.6x
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 66.8%
Renter-occupied 33.3%

💰 Estimated Monthly Budget

Rent median rent
$1,254
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,868/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
32.6 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.8%

Commute Mode

Drove alone
74.8%
Carpooled
5.3%
Public transit
2.7%
Walked
1.6%
Work from home
14.8%

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
$80,753
8% above avg
Per Capita Income
$43,795
Unemployment Rate
2.8%
42% below avg
Poverty Rate
4.3%
Labor Force Participation
60.0%

🎓 Education

Bachelor's degree+ 22.3%
Graduate degree 18.3%

👥 Demographics

Median Age 37.4
Male median age 35.9
Female median age 38.7

💨 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 North Riverside, IL?

North Riverside has a cost index of 96 (100 = national average). It is 4% below the national average.

What is average rent in North Riverside, IL?

The median gross rent in North Riverside is $1,254 per month based on 2023 Census data.

What is the average home price in North Riverside?

The median home value in North Riverside is $295,100 according to Zillow and Census data.

What is the median income in North Riverside?

The median household income in North Riverside is $80,753 per year (2023 ACS 5-year estimates).

What is the sales tax in North Riverside, IL?

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

Is North Riverside, IL affordable?

North Riverside is near the national average in terms of cost of living, with an index of 96 (100 = US average).

North Riverside at a Glance

Population
7,495
Median Income
$80,753
Home Value
$295,100
Median Rent
$1,254/mo
Unemployment
2.8%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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