Cost of Living in Streamwood, IL
Population 39,055 · Illinois · Data vintage 2023
(100 = US avg)
The Streamwood cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $258,000, rents near $1,849 a month.
Located 8 miles east of Elgin, Streamwood falls within that metro's commuting orbit. Housing prices track closely with Elgin's $252,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Streamwood
The median home value in Streamwood is $258,300 — 15% below the national median of $305,000. Median rent runs $1,849/month, 41% higher than the national median of $1,314/month. The median household income of $101,049/year is 35% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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, Streamwood has a cost of living index of 107 versus the US average of 100, meaning it is 7% more 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 Streamwood, IL?
Streamwood has a cost index of 107 (100 = national average). It is 7% above the national average.
What is average rent in Streamwood, IL?
The median gross rent in Streamwood is $1,849 per month based on 2023 Census data.
What is the average home price in Streamwood?
The median home value in Streamwood is $258,300 according to Zillow and Census data.
What is the median income in Streamwood?
The median household income in Streamwood is $101,049 per year (2023 ACS 5-year estimates).
What is the sales tax in Streamwood, IL?
The combined state and local sales tax rate in Streamwood is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Streamwood, IL affordable?
Streamwood is near the national average in terms of cost of living, with an index of 107 (100 = US average).
Streamwood at a Glance
- Population
- 39,055
- Median Income
- $101,049
- Home Value
- $258,300
- Median Rent
- $1,849/mo
- Unemployment
- 4.0%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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