Housing costs in Wood Dale?
A typical home costs
$285,300, which is 15.6% less expensive than the national average of
$338,100 and 18.0% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Wood Dale costs
$1,580 per month, which is 10.5% more than the national average of
$1,430 and 20.3% more than the state average of
$1,260.
Can I afford Wood Dale?
To live comfortably in Wood Dale, Illinois, a minimum annual income of
$54,720 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Wood Dale?
The cost of living in Wood Dale, IL is generally affordable, especially when compared to other cities in the Chicagoland area. The median home value is $236,800 which is lower than the national average. The overall cost of living index in Wood Dale sits at 97.3 which means it is 2.7% cheaper than the national average and 7% lower than the Illinois average of 104.7. Renters can find a wide range of apartments and houses for rent with an average monthly price hovering around $1,200 - $1,500. Groceries, utilities, entertainment, and transportation all are at or below the national averages as well. With its affordable cost of living and close proximity to Chicago, Wood Dale makes an attractive option for those looking to call this city home!