Cost of Living in Elwood, IL
Population: 2,141 | Illinois
84
Cost of Living Index
US Average = 100
Elwood is 16% less expensive than the national average.
75
Housing
74
Home Values
102
Regional Price
Income
- Median Household Income
- $73,640
- vs US Median ($75,149)
- -2%
Housing
- Median Rent
- $986/mo
- Median Home Value
- $224,900
- Median Monthly Housing Cost
- $1,262/mo
Everyday Prices in Elwood
BLS Average Prices for the Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) area
⛽
$3.20
Gasoline (regular)
per gallon
+4% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+4% vs US
🥛
$4.20
Milk (whole)
per gallon
+4% vs US
🍞
$1.93
Bread (white)
per lb
+4% vs US
🍗
$4.32
Chicken breast
per lb
+4% vs US
⚡
$0.15
Electricity
per kWh
-23% vs US
Climate in Elwood
NOAA 30-year normals (1991-2020)
49.4°F
Avg Temperature
33.8"
Rainfall / Year
126d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 31 | 35 | 48 | 60 | 72 | 81 | 84 | 82 | 76 | 63 | 48 | 36 |
| Avg °F | 23 | 27 | 38 | 49 | 60 | 70 | 73 | 71 | 64 | 52 | 39 | 28 |
| Low °F | 15 | 18 | 28 | 37 | 49 | 59 | 62 | 60 | 52 | 41 | 29 | 21 |
| Rain" | 1.3 | 1.4 | 2.2 | 3.6 | 4.1 | 4.0 | 3.7 | 3.4 | 3.0 | 3.2 | 2.3 | 1.7 |