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Cost of Living in Palos Hills, IL

2025 Affordability Data & Housing Costs

99.5

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$259,200

Owner-occupied homes (2023 ACS)

Median Household Income

$83,969

Annual (2023 ACS)

Housing Costs

The median home value in Palos Hills is $259,200, which is close to the national average. The home price-to-income ratio is 3.1, indicating strong affordability.

Income & Purchasing Power

The median household income in Palos Hills is $83,969 annually.

Compare with Other Cities

View all cities in Illinois

Frequently Asked Questions

What is the cost of living index in Palos Hills, IL?

The COL index is 99.5, which is lower than the US average of 100.

What is the median home value in Palos Hills?

The median home value is $259,200.

What is the median rent in Palos Hills?

Data not available.

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