Cost of Living in Tinley Park, IL

Updated November 2026 · Cook County · Chicago-Naperville-Elgin, IL-IN metro area · population 54,842

Local cost index (CostLiving estimate)
104.7
More expensive than the US average
BEA index for the Chicago-Naperville-Elgin, IL-IN metro area: 103.6
Monthly budget
$2,969
single adult · $6,015 family of 4
Modelled estimate, before taxes
Median rent
$1,495
per month, gross rent · US $1,413
Median home value
$299,900
US $332,700 · Very affordable

Prices in Tinley Park are 4.7% above the US average (local index 104.7; the BEA index for the Chicago-Naperville-Elgin, IL-IN metro area is 103.6), with local housing the biggest cost driver at 110.8; a single adult's modelled budget is about $2,969 a month and the median rent is $1,495.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Tinley Park's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Chicago-Naperville-Elgin, IL-IN metro area, unchanged.

Tinley Park price index by category, US average = 100: All items 104.7, Housing (rents) 110.8, Goods 107.3, Utilities 83.6, Other services 100.5

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 15th most expensive of the 32 Illinois cities in our data. More expensive than 60% of the cities we cover.

Official BEA Regional Price Parities for the Chicago-Naperville-Elgin, IL-IN metro area. 2024: goods 107.3, housing 112.0, utilities 83.6, other services 100.5.
BEA index201920202021202220232024
All items102.6104.5105.5105.7102.5103.6

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Tinley Park, IL

CategoryPer monthPer yearShare
Housing (rent) $1,264 $15,168 43%
Utilities $223 $2,676 8%
Food at home $303 $3,636 10%
Transportation $650 $7,800 22%
Health care $353 $4,236 12%
Clothing, personal care & supplies $176 $2,112 6%
Total$2,969$35,628100%

2 adults · 2-bedroom · modelled estimate for Tinley Park, IL

CategoryPer monthPer yearShare
Housing (rent) $1,384 $16,608 30%
Utilities $354 $4,248 8%
Food at home $559 $6,708 12%
Transportation $1,287 $15,444 28%
Health care $655 $7,860 14%
Clothing, personal care & supplies $348 $4,176 8%
Total$4,587$55,044100%

2 adults + 2 children · 3-bedroom · modelled estimate for Tinley Park, IL

CategoryPer monthPer yearShare
Housing (rent) $2,019 $24,228 34%
Utilities $431 $5,172 7%
Food at home $797 $9,564 13%
Transportation $1,710 $20,520 28%
Health care $610 $7,320 10%
Clothing, personal care & supplies $448 $5,376 7%
Total$6,015$72,180100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Tinley Park

Rent by number of bedrooms

SizeMedian rent
Studio $1,320 modelled from city median rent
1 bedroom $1,339
2 bedrooms $1,466
3 bedrooms $2,139
4 bedrooms $2,071 modelled from city median rent

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,495
Median contract rent (excl. utilities)$1,411
Median home value$299,900
Owner costs with a mortgage$2,129/mo
Median household income$105,189
Rent as % of renter income Moderate29.5%
Home value ÷ household income Very affordable2.9×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Illinois

19.32¢ per kWh, August 2026

12-month change: +7.2% (from 18.03¢) · US 18.16¢

Aug 2025: 18.03¢/kWh Sep 2025: 19.01¢/kWh Oct 2025: 18.70¢/kWh Nov 2025: 18.28¢/kWh Dec 2025: 17.05¢/kWh Jan 2026: 16.36¢/kWh Feb 2026: 17.83¢/kWh Mar 2026: 18.85¢/kWh Apr 2026: 20.47¢/kWh May 2026: 23.85¢/kWh Jun 2026: 19.89¢/kWh Jul 2026: 19.22¢/kWh Aug 2026: 19.32¢/kWh

Average household uses 697 kWh a month in Illinois ≈ $132/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Midwest (PADD 2)

$4.10 per gallon, week of 2026-11-02

12-month change: +45.0% (from $2.83) · US $4.15

2026-05-11: $4.405/gal 2026-05-18: $4.399/gal 2026-05-25: $4.352/gal 2026-06-01: $4.135/gal 2026-06-08: $3.945/gal 2026-06-15: $3.861/gal 2026-06-22: $3.723/gal 2026-06-29: $3.625/gal 2026-07-06: $3.531/gal 2026-07-13: $3.662/gal 2026-07-20: $3.780/gal 2026-07-27: $3.882/gal 2026-08-03: $3.929/gal 2026-08-10: $3.816/gal 2026-08-17: $3.938/gal 2026-08-24: $3.934/gal 2026-08-31: $3.847/gal 2026-09-07: $3.894/gal 2026-09-14: $4.091/gal 2026-09-21: $4.386/gal 2026-09-28: $4.291/gal 2026-10-05: $4.109/gal 2026-10-12: $4.145/gal 2026-10-19: $4.145/gal 2026-10-26: $4.269/gal 2026-11-02: $4.102/gal

EIA weekly retail price survey; Illinois is covered by the Midwest (PADD 2) average.

Inflation in the Midwest

Consumer prices in the Midwest Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Tinley Park are 4.7% above the US average, $60,000 here has the buying power of about $57,300 in an average-priced US area.

Same buying power in an average-priced US area$57,300
Needed in Tinley Park to match $60,000 in an average-priced US area$62,800

Formula: US-equivalent = salary × 100 ÷ 104.7. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Orland Park, IL4 mi103.9 $2,933$1,440
Oak Lawn, IL10 mi102.5 $2,835$1,335
Hammond, IN16 mi99.8 $2,441$1,134
Bolingbrook, IL18 mi108.1 $3,025$1,749
Joliet, IL18 mi101.7 $2,459$1,276
Berwyn, IL19 mi100.9 $2,571$1,215

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Carrollton, TX104.7 $3,078$1,735
Apopka, FL104.7 $3,186$1,969
Enterprise, NV104.6 $3,086$1,934
West Sacramento, CA104.6 $2,930$1,665
Bonita Springs, FL104.8 $3,497$1,882
Rialto, CA104.8 $2,921$1,759

Compare Tinley Park with another city

Frequently asked questions

Is Tinley Park, IL an expensive place to live?

Tinley Park has a local cost of living index of 104.7, which is 4.7% above the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Chicago-Naperville-Elgin, IL-IN metro area (103.6) and adjusts housing to Tinley Park's own rents. It is 4.7 points above the Illinois average. It is the 15th most expensive of the 32 Illinois cities in our data. More expensive than 60% of the cities we cover.

How much money do you need to live in Tinley Park?

Our modelled estimate of basic monthly costs is $2,969 for a single adult, $4,587 for a couple and $6,015 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $62,800 in Tinley Park.

What is the average rent in Tinley Park?

The median gross rent (rent plus tenant-paid utilities) is $1,495 a month (Census ACS 2020-2024). By size: 1 bedroom $1,339, 2 bedrooms $1,466, 3 bedrooms $2,139. The typical renter spends 29.5% of household income on rent (moderate).

How much does a house cost in Tinley Park?

The median owner-estimated home value is $299,900, 2.9 times the median household income of $105,189 (very affordable). Owners with a mortgage pay a median $2,129 a month in housing costs.

How much is electricity and gas in Tinley Park?

Illinois residential electricity averaged 19.32¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.10 a gallon (Midwest (PADD 2) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources