Cost of Living in East Hazel Crest, IL
Population: 1,122 | Illinois
East Hazel Crest is 6% less expensive than the national average.
Cost of Living in East Hazel Crest, IL: What You Need to Know
With a cost of living index of 94, East Hazel Crest, IL is slightly more affordable than average. Living here is 6% cheaper than the national average and 14% above the Illinois state average of 80. East Hazel Crest is a small community of 1,122 residents.
Housing costs are the biggest factor in East Hazel Crest's cost of living. The median monthly rent is $1,453 (10% above the US median of $1,319), and the median home value sits at $168,800 (45% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.
The median household income in East Hazel Crest is $57,000, which is 24% lower than the national median of $75,149. Residents spend roughly 31% 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.
Income
- Median Household Income
- $57,000
- vs US Median ($75,149)
- -24%
Housing
- Median Rent
- $1,453/mo
- Median Home Value
- $168,800
- Median Monthly Housing Cost
- $1,377/mo
Everyday Prices in East Hazel Crest
BLS Average Prices for the Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) area