Cost of Living in Elmwood Park, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
139.5
100 = national avg
+39.5 vs national average
Living Wage (1 Adult)
$61,376
per year
Living Wage (Family of 4)
$145,070
per year
Cost Index by Category
Housing171.0
Food114.3
Transportation132.0
Healthcare111.4
Utilities122.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Elmwood Park is 139.5, which is 39.5% above the national average. Housing costs are above the national average at an index of 171.0. A single adult needs to earn approximately $61,376 per year to cover basic expenses.