Cost of Living in Stone Park, IL

Population 4,504 · Illinois · Data vintage 2023

80
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Stone Park offers a notably favorable income-to-housing ratio for its region. The typical home — $218,000 — costs less than 2.9 times median household income of $75,165, a threshold many coastal markets passed a decade ago. Unemployment has stayed elevated relative to the national figure — 6.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Stone Park sits roughly 11 miles west of Chicago — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% lower than Chicago's $315,000.

Cost Overview

Housing 72
Rent 93

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

About the Cost of Living in Stone Park

The median home value in Stone Park is $218,300 — 28% below the national median of $305,000. Median rent runs $1,222/month, 7% lower than the national median of $1,314/month. The median household income of $75,165/year is 1% higher than the US median of $74,580. The local unemployment rate is 6.9%, 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, Stone Park has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.

🏠 Housing

Median Home Value
$218,300
28% below avg
Zillow Home Value
$240,156
Zillow ZHVI
Median Rent
$1,222/mo
7% below avg
Price-to-Rent Ratio
14.9x
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 54.5%
Renter-occupied 45.5%

💰 Estimated Monthly Budget

Rent median rent
$1,222
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,836/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
21.4 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.7%

Commute Mode

Drove alone
82.4%
Carpooled
10.9%
Walked
4.0%
Work from home
2.7%

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
$75,165
1% above avg
Per Capita Income
$22,943
Unemployment Rate
6.9%
43% above avg
Poverty Rate
11.6%
Labor Force Participation
65.1%

🎓 Education

Bachelor's degree+ 6.4%
Graduate degree 1.3%

👥 Demographics

Median Age 30.7
Male median age 29.4
Female median age 32.1

💨 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 Stone Park, IL?

Stone Park has a cost index of 80 (100 = national average). It is 20% below the national average.

What is average rent in Stone Park, IL?

The median gross rent in Stone Park is $1,222 per month based on 2023 Census data.

What is the average home price in Stone Park?

The median home value in Stone Park is $218,300 according to Zillow and Census data.

What is the median income in Stone Park?

The median household income in Stone Park is $75,165 per year (2023 ACS 5-year estimates).

What is the sales tax in Stone Park, IL?

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

Is Stone Park, IL affordable?

Yes, Stone Park is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.

Stone Park at a Glance

Population
4,504
Median Income
$75,165
Home Value
$218,300
Median Rent
$1,222/mo
Unemployment
6.9%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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