D
12%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
38%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index North Aurora Illinois National
Cost of living11296100
Goods & Services10697100
Groceries9798100
Health care9895100
Housing13895100
Transportation114103100
Utilities8089100

An Overview of Cost of Living in North Aurora, IL

Getting a feel for the cost of living in North Aurora is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in North Aurora is 112, which is 12% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

Housing costs are a very significant part of the North Aurora cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 37.8% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

Is North Aurora Affordable?

Is North Aurora an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in North Aurora, the median home price is 39.5% higher than what most folks pay across the country, and monthly rent prices are 33.9% higher than the usual rates. Income levels in North Aurora come in at $90,315, which is 63.3% higher than the national average.

What Factors can Influence the Cost of Living in North Aurora?

Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In North Aurora, the transportation index is 13.6% higher than the national average.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In North Aurora, the healthcare costs are 2.3% lower than the national average.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In North Aurora, the groceries index is 2.7% lower than the national average.

Where is the Data From?

The North Aurora cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in North Aurora is 17% higher than the Illinois average
  • The cost of living in North Aurora is 12% higher than the national average
  • North Aurora housing is 38% higher than the national average
  • Illinois general sales tax is 22% higher than the national average
  • Illinois state income tax is 91% higher than the national average

Most Affordable Places to Live in and Around North Aurora

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Compare North Aurora, IL Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$103,656$8,638$2,418$3,110
      Renters$57,391$4,783$1,339$1,722
      To approximate the cost of living and the housing affordability in North Aurora, IL, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in North Aurora have a median income of $103,656. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,418 per month to avoid calamity and poverty. The renters in the city have an income of about $57,391, which would make their monthly maximum allowable rental costs $1,339.

      Illinois Sales Tax

      State General Sales Tax With Max Surtax
      Illinois 6.25% 10.25%

      Illinois Income Tax

      State Income Tax (Low) Income Tax (High)
      Illinois 4.95% 4.95%

      Goods & Services

      Item North Aurora National avg. Difference
      Haircut $19.72$24.2618.7%
      Beauty Salon $37.22$45.5618.3%
      Toothpaste $3.72$3.700.6%
      Shampoo $1.32$1.283.3%
      Movie $9.99$12.1317.7%
      Bowling $16.00$18.0011.1%

      Groceries

      Item North Aurora National avg. Difference
      Ground Beef $5.94$5.841.8%
      Fried Chicken $1.39$1.5711.8%
      Milk $4.55$4.672.5%
      Potatoes $5.08$4.933.0%
      Pizza $10.69$12.0911.6%
      Beer $9.61$10.417.7%

      Health Care

      Item North Aurora National avg. Difference
      Optometrist $86.67$125.6831.0%
      Doctor $110.00$135.7819.0%
      Dentist $82.00$113.2927.6%
      Ibuprofen $10.17$10.654.5%
      Lipitor $511.00$468.609.0%

      Housing

      Item North Aurora National avg. Difference
      Home Price $257,700.00$184,700.0039.5%
      Avg. Mortgage Payment $1,316.57$2,346.6943.9%
      Apartment Rent $1,271.00$949.0033.9%

      Transportation

      Item North Aurora National avg. Difference
      Gasoline $3.52$3.461.7%
      Tire Balancing $45.00$59.9224.9%

      Utilities

      Item North Aurora National avg. Difference
      All Electricity $156.87$193.9919.1%
      Phone $198.03$192.253.0%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Sandwich, IL7,3511011.0%
      Plano, IL11,0581033.3%
      Aurora, IL199,3261055.2%
      Boulder Hill, IL9,0811065.5%
      Glendale Heights, IL33,8631088.3%
      North Aurora, IL18,08911212.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      North Grenville, ON18,083n/a 
      Idylwood, VA18,09915958.9%
      Pelham, ON18,077n/a 
      Manchester, MO18,1021033.0%
      North Druid Hills, GA18,07412827.8%
      North Aurora, IL18,08911212.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.