Cost of living
Deerfield, Illinois
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Deerfield, IL is #18 on the list Top 100 Most Educated Cities in America in 2023
Deerfield, IL is #15 on the list Top 100 Best Places to Raise a Family in the Midwest in 2023
Cost of living in Deerfield, Illinois
Cost of living compared to USAthe highest
Cost of living compared to Illinoisthe highest
Median household incomethe highest
Is it expensive to live in Deerfield, Illinois? When calculating the cost of living in Deerfield, Illinois we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Deerfield, Illinois is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois, while median household income in Deerfield is $162,064 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois.
Taxes in Deerfield, Illinois
The sales tax rate in Deerfield, Illinois is 10.0%. Last year, the average property taxes paid was 2.8% Deerfield, Illinois.
The state income tax in the state of Illinois is 4.95%.
Housing costs in Deerfield, Illinois
The average cost of a single-family home compared to USAthe highest
The average cost of a single-family home compared to Illinoisthe highest
In Deerfield, Illinois, 82.0% of the population owns their homes, while approximately 18.0% rent. The average cost of a single-family home in Deerfield, Illinois in 2022 is $489,513 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois. The average one-bedroom apartment cost is approximately $1,737 per month.
| Rental Size | Monthly Cost | Compared to Illinois |
|---|---|---|
| 1 Bedroom | $1,737 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,993 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $2,531 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $3,009 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Pros and Cons of living in Deerfield, Illinois in reviews from users in their own words:
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