This article is about the cost of living in Arlington Heights,and Arlington, located in the state of Illinois, is home to the town of Arlington Heights. It is approximately 40 kilometers (25 miles) to the northwest of the central business district of Chicago, and it is a suburb of Chicago. The population was tallied at 77,676 during the year’s census. Even though it is a bit bigger than the villages of Schaumburg and Palatine in Illinois, it has more people than any other “village” in the United States, according to the 2010 Census.
The community of Arlington Heights may be found in the far northwest suburbs of Chicago. This area is known for its vibrancy and diversity. It is not surprising that so many people have decided to make this location their permanent residence given the area’s numerous attractive parks, high-quality educational institutions, and diverse offerings in terms of both recreational and cultural pursuits. On the other hand, the cost of living in Arlington Heights can fluctuate widely based on various circumstances, just like it can in any other city or town.
Housing Costs in Arlington Heights
Arlington Heights is known for its beautiful homes, tree-lined streets, and safe neighborhoods. However, with that comes a higher cost of living when it comes to housing. The median home price in Arlington Heights is currently around $390,000, which is higher than the national average. If you’re looking to rent, you can expect to pay an average of $1,300 per month for a one-bedroom apartment, and upwards of $2,500 for a two-bedroom. Of course, prices can vary depending on the property’s location, amenities, and condition.
In addition to housing, utilities are another major expense for most people. The average monthly utility bill in Arlington Heights is around $150, which includes electricity, gas, and water. Of course, this can vary depending on the size of your home, your usage habits, and the time of year.
Food and Groceries
Food and groceries are another expense that can add up quickly, especially if you’re not careful. The cost of groceries in Arlington Heights is comparable to the national average, with a gallon of milk costing around $3.50 and a loaf of bread costing around $2.50. However, dining out can be more expensive, with a typical dinner for two costing around $50 to $75 at a mid-range restaurant.
Transportation costs in Arlington Heights are generally lower than in other major cities. The average cost of a gallon of gas in Arlington Heights is around $3.50, which is slightly higher than the national average but lower than in nearby cities like Chicago. The public transportation system in Arlington Heights is also very reliable and affordable, with a one-way fare on the local bus system costing around $2.50.
Healthcare costs in Arlington Heights can vary depending on your needs and insurance coverage. The average doctor visit cost is around $150, and the cost of prescription medication can also vary widely. Your out-of-pocket costs will depend on your plan, deductible, and co-pay amounts if you have health insurance.
Arlington Heights offers a wide range of entertainment options, from beautiful parks and outdoor spaces to cultural events and nightlife. The cost of entertainment in Arlington Heights can vary widely depending on your preferences and budget. For example, admission to the Arlington Heights Historical Museum is only $5, while a ticket to a concert at the Metropolis Performing Arts Centre can range from $20 to $60 or more.
Childcare and Education
For families with children, childcare and education costs can be a significant expense. The cost of childcare in Arlington Heights can range from $1,000 to $2,000 per month, depending on the age of the child and the type of care needed. The cost of private schools in Arlington Heights can also be high, with some schools charging tuition of $20,000 or more per year.
Finally, it’s important to consider the tax implications of living in Arlington Heights. Illinois has a relatively high income tax rate compared to other states, with a flat rate of 4.95% on all income. Property taxes in Arlington Heights can also be high, with the average property tax bill in Cook County (where Arlington Heights is located) being around $8,000 per year. Overall, the cost of living in Arlington Heights is higher than the national average in many categories, such as housing and property taxes, but is more affordable than some larger cities in the area. However, the higher cost of living is offset by the many benefits that come with living in a safe, family-friendly community with excellent schools, plenty of outdoor recreational activities, and easy access to cultural events and entertainment.
For those who are considering moving to Arlington Heights, it’s important to factor in all of these costs when creating a budget. Planning ahead and being aware of the cost of living can help you make informed decisions about where to live and how to manage your expenses. Additionally, it’s always a good idea to research and compare prices for goods and services to find the best deals and save money wherever possible.
Cost of Living
Despite the higher cost of living, many people choose to live in Arlington Heights because of its high quality of life. Whether you’re looking for excellent schools for your children, a safe and welcoming community, or access to a wide range of recreational and cultural activities, Arlington Heights has something to offer everyone.
In conclusion, the cost of living in Arlington Heights can vary depending on a number of factors, such as housing, utilities, food, transportation, healthcare, entertainment, childcare and education, and taxes. While some expenses are higher than the national average, others are more affordable. When considering living in Arlington Heights, it’s important to factor in all of these costs and plan accordingly. Despite the higher cost of living in Arlington Heights, the many benefits of living in Arlington Heights, IL, make it a great place to call home and if you decide to live there you should contact a moving company in Arlington Heights.