salaryRent is lower than in 62% of U.S. cities. A typical house costs about 3.2 years of household income. Commutes are long, about 38.5 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $56,960 a year. That is $27 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
Yes. Rent here is cheaper than in most of Illinois. It is number 148 of 334 cities from cheapest to most expensive.
How much do households earn in Calumet Park?
Share of households by yearly income. 14.4% of households earn $100,000 or more.
Rent by apartment size in Calumet Park
| Size | Calumet Park | U.S. average |
|---|---|---|
| Studio | $929 | $1,338 |
| 1 bedroom | $1,131 | $1,324 |
| 2 bedrooms | $1,406 | $1,509 |
| 3 bedrooms | $2,131 | $1,698 |
| 4 bedrooms | $1,928 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Calumet Park overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Calumet Park, so the Illinois figure is shown.
Taxes and bills in Calumet Park
Life in Calumet Park
Is it cheaper to rent or buy in Calumet Park?
Buying is cheaper month to month: about $142 a month less than renting.
Owning assumes a typical $184,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,470 for the down payment.
Frequently asked questions
What is the average rent in Calumet Park, IL?
Renting in Calumet Park costs a median of about $1,424 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Calumet Park?
To keep rent under 30% of income, you need about $56,960 a year, or $27 an hour at a full-time job.
Is Calumet Park cheap or expensive?
Calumet Park is rated OK: rent takes 29.6% of the typical household income of $57,760. It ranks 148th cheapest of 334 Illinois cities we track.
How much are property taxes in Calumet Park?
The median homeowner in Calumet Park pays $4,246 a year in property taxes, about 2.30% of the median home value.
Is Calumet Park more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Calumet Park?
The median home value in Calumet Park is $184,700, about 3.2 times the typical yearly household income.
6,855 people live in Calumet Park. Numbers are typical (middle) values.