Cost of Living in Palos Hills, IL
Population 18,139 · Illinois · Data vintage 2023
(100 = US avg)
Palos Hills is effectively a commuter community: the average resident spends 38 minutes each way getting to work, well above the 27-minute US median. Housing costs ($259,000 for a typical home) tend to reflect the tradeoff between price and access.
Geographically, Palos Hills sits roughly 12 miles southwest of Chicago. Median home values run roughly 18% lower than Chicago's $315,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Palos Hills
The median home value in Palos Hills is $259,200 — 15% below the national median of $305,000. Median rent runs $1,267/month, 4% lower than the national median of $1,314/month. The median household income of $83,969/year is 13% higher than the US median of $74,580. The local unemployment rate is 4.4%, 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, Palos Hills has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Palos Hills, IL?
Palos Hills has a cost index of 90 (100 = national average). It is 10% below the national average.
What is average rent in Palos Hills, IL?
The median gross rent in Palos Hills is $1,267 per month based on 2023 Census data.
What is the average home price in Palos Hills?
The median home value in Palos Hills is $259,200 according to Zillow and Census data.
What is the median income in Palos Hills?
The median household income in Palos Hills is $83,969 per year (2023 ACS 5-year estimates).
What is the sales tax in Palos Hills, IL?
The combined state and local sales tax rate in Palos Hills is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Palos Hills, IL affordable?
Palos Hills is near the national average in terms of cost of living, with an index of 90 (100 = US average).
Palos Hills at a Glance
- Population
- 18,139
- Median Income
- $83,969
- Home Value
- $259,200
- Median Rent
- $1,267/mo
- Unemployment
- 4.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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