Cost of Living in Wilmette, IL

Population 27,550 · Illinois · Data vintage 2023

218
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Wilmette sits 163% above the national median — $802,000 for the typical home — but median household incomes near $192,300 (158% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Located 15 miles north of Chicago, Wilmette falls within that metro's commuting orbit. Median home values run roughly 155% higher than Chicago's $315,000.

Cost Overview

Housing 263
Rent 150

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

About the Cost of Living in Wilmette

The median home value in Wilmette is $802,200 — 163% above the national median of $305,000. Median rent runs $1,968/month, 50% higher than the national median of $1,314/month. The median household income of $192,300/year is 158% higher than the US median of $74,580. The local unemployment rate is 4.3%, 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, Wilmette has a cost of living index of 218 versus the US average of 100, meaning it is 118% more expensive.

🏠 Housing

Median Home Value
$802,200
163% above avg
Zillow Home Value
$930,492
Zillow ZHVI
Median Rent
$1,968/mo
50% above avg
Price-to-Rent Ratio
34.0x
Favors renting
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 88.4%
Renter-occupied 11.6%

💰 Estimated Monthly Budget

Rent median rent
$1,968
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,582/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
37.1 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
32.0%

Commute Mode

Drove alone
42.8%
Carpooled
3.4%
Public transit
16.4%
Walked
2.5%
Bicycle
0.7%
Work from home
32.0%

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
$192,300
158% above avg
Per Capita Income
$109,840
Unemployment Rate
4.3%
10% below avg
Poverty Rate
3.4%
Labor Force Participation
61.1%

🎓 Education

Bachelor's degree+ 34.6%
Graduate degree 50.0%

👥 Demographics

Median Age 45.7
Male median age 45
Female median age 46.7

💨 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 Wilmette, IL?

Wilmette has a cost index of 218 (100 = national average). It is 118% above the national average.

What is average rent in Wilmette, IL?

The median gross rent in Wilmette is $1,968 per month based on 2023 Census data.

What is the average home price in Wilmette?

The median home value in Wilmette is $802,200 according to Zillow and Census data.

What is the median income in Wilmette?

The median household income in Wilmette is $192,300 per year (2023 ACS 5-year estimates).

What is the sales tax in Wilmette, IL?

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

Is Wilmette, IL affordable?

Wilmette is above average in cost of living, with an index of 218 — about 118% higher than the national average.

Wilmette at a Glance

Population
27,550
Median Income
$192,300
Home Value
$802,200
Median Rent
$1,968/mo
Unemployment
4.3%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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