La Grange, IL

Very High · 153

Illinois · Population 15,999 · Updated March 2026

$1,679
Median Rent / Month
$154,556
Median Income
$582,600
Median Home Value
$2,350
Owner Costs / Month

Affordability

How far your income goes in La Grange

13.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Illinois

State-level tax rates that affect your costs

4.95%
Income Tax (Top Rate)
6.25%
Sales Tax
2.07%
Property Tax Rate

Estimated Annual Costs

$20,148
Annual Rent
$7,651
State Income Tax
$12,060
Property Tax (est.)

Cost of Living Overview

La Grange has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 153 (where 100 equals the national median), La Grange residents can expect to pay median rent of $1,679/month while earning a median household income of $154,556/year.

The median home value in La Grange, IL is $582,600, with typical monthly owner costs around $2,350 including mortgage, insurance, and taxes. The median rent-to-income ratio of 13.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Illinois has a moderate income tax rate of 4.95%. Combined with a 6.25% sales tax rate and 2.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in La Grange.

Frequently Asked Questions

Common questions about living costs in La Grange

What is the cost of living in La Grange, IL?
The cost of living index in La Grange, IL is 153 (US average = 100). Median monthly rent is $1,679, median household income is $154,556/year, and the median home value is $582,600.
Is La Grange, IL affordable?
No, La Grange is more expensive than the national average with a cost index of 153. The rent-to-income ratio is 13.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in La Grange, IL?
The median gross rent in La Grange, IL is $1,679 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,148.
What is the median household income in La Grange?
The median household income in La Grange, IL is $154,556 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Illinois?
Illinois has a top income tax rate of 4.95%, a sales tax of 6.25%, and an effective property tax rate of 2.07%.