Cost of living
Hinsdale, Illinois
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Hinsdale, IL is #26 on the list Top 100 Most Educated Cities in America in 2023, #6 on the list Top 100 Best Places to Raise a Family in the Midwest in 2023, #98 on the list Top 100 Best Places to Raise a Family in the Midwest in 2022
Cost of living in Hinsdale, 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 Hinsdale, Illinois? When calculating the cost of living in Hinsdale, 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 Hinsdale, 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 Hinsdale is $206,701 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 Hinsdale, Illinois
The sales tax rate in Hinsdale, Illinois is 10.0%. Last year, the average property taxes paid was 2.2% Hinsdale, Illinois.
The state income tax in the state of Illinois is 4.95%.
Housing costs in Hinsdale, 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 Hinsdale, Illinois, 86.0% of the population owns their homes, while approximately 14.0% rent. The average cost of a single-family home in Hinsdale, Illinois in 2022 is $486,626 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 $1,478 per month.
| Rental Size | Monthly Cost | Compared to Illinois |
|---|---|---|
| 1 Bedroom | $1,478 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,694 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $2,150 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $2,556 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
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