Cost of Living in Dixmoor, IL

With a cost of living index of 79, Dixmoor, IL is a very affordable place to live. Living here is 21% cheaper than the national average and in line with the Illinois state average. Dixmoor is a small community of 2,962 residents.

Housing costs are the biggest factor in Dixmoor's cost of living. The median monthly rent is $1,227 (7% below the US median of $1,319), and the median home value sits at $75,500 (75% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.

The median household income in Dixmoor is $39,861, which is 47% lower than the national median of $75,149. Residents spend roughly 37% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.