Cost of Living in Romeoville, IL

Population 40,996 · Illinois · Data vintage 2023

106
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Romeoville lands reasonably close to national benchmarks on most cost indicators, with a median home value of $245,000 — 20% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Illinois.

Geographically, Romeoville sits roughly 8 miles northeast of Joliet. Housing prices track closely with Joliet's $249,000 median.

Cost Overview

Housing 80
Rent 144

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

About the Cost of Living in Romeoville

The median home value in Romeoville is $245,200 — 20% below the national median of $305,000. Median rent runs $1,892/month, 44% higher than the national median of $1,314/month. The median household income of $100,022/year is 34% higher than the US median of $74,580. The local unemployment rate is 4.8%, 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, Romeoville has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$245,200
20% below avg
Zillow Home Value
$311,521
Zillow ZHVI
Median Rent
$1,892/mo
44% above avg
Zillow Rent
$2,120/mo
Zillow ZORI
Price-to-Rent Ratio
10.8x
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 82.3%
Renter-occupied 17.7%

💰 Estimated Monthly Budget

Rent median rent
$1,892
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,506/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
34.0 min
26% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.9%

Commute Mode

Drove alone
72.8%
Carpooled
12.7%
Public transit
2.0%
Walked
0.9%
Bicycle
0.1%
Work from home
10.9%

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
$100,022
34% above avg
Per Capita Income
$35,977
Unemployment Rate
4.8%
0% below avg
Poverty Rate
5.8%
Labor Force Participation
72.5%

🎓 Education

Bachelor's degree+ 16.9%
Graduate degree 6.2%

👥 Demographics

Median Age 35.5
Male median age 34.8
Female median age 36.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
42.5%
Good air days/yr
246
Max AQI recorded
280
PM2.5 days
85
Ozone days

Frequently Asked Questions

What is the cost of living in Romeoville, IL?

Romeoville has a cost index of 106 (100 = national average). It is 6% above the national average.

What is average rent in Romeoville, IL?

The median gross rent in Romeoville is $1,892 per month based on 2023 Census data.

What is the average home price in Romeoville?

The median home value in Romeoville is $245,200 according to Zillow and Census data.

What is the median income in Romeoville?

The median household income in Romeoville is $100,022 per year (2023 ACS 5-year estimates).

What is the sales tax in Romeoville, IL?

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

Is Romeoville, IL affordable?

Romeoville is near the national average in terms of cost of living, with an index of 106 (100 = US average).

Romeoville at a Glance

Population
40,996
Median Income
$100,022
Home Value
$245,200
Median Rent
$1,892/mo
Unemployment
4.8%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs