Cost of Living in Joliet, IL
Joliet has a cost of living index of 93 (100 = national average), making it more affordable than the national average. The median household income is $68,427 and the median home price is $270,000.
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Joliet at a Glance
Population
150,362
Cost of Living Index
93
Median Income
$68,427
Median Home Price
$270,000
Property Tax Rate
2.35%
Sales Tax Rate
7.00%
Rent Index
88
State
Illinois
Living in Joliet
Joliet offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $270,000 is well within reach for many families.
The combined sales tax rate in Joliet is 7.00%, and the effective property tax rate is 2.35%. Property taxes are above the national average, which is an important consideration for homebuyers.