salaryRent is lower than in 51% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are long, about 31.8 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $65,160 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
No. Rent here is more expensive than in most of Illinois. It is number 191 of 334 cities from cheapest to most expensive.
How much do households earn in Chicago Ridge?
Share of households by yearly income. 22.1% of households earn $100,000 or more.
Rent by apartment size in Chicago Ridge
| Size | Chicago Ridge | U.S. average |
|---|---|---|
| 1 bedroom | $1,095 | $1,324 |
| 2 bedrooms | $1,549 | $1,509 |
| 3 bedrooms | $1,907 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Chicago Ridge 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 Chicago Ridge, so the Illinois figure is shown.
Taxes and bills in Chicago Ridge
Life in Chicago Ridge
Is it cheaper to rent or buy in Chicago Ridge?
Buying is cheaper month to month: about $55 a month less than renting.
Owning assumes a typical $226,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,690 for the down payment.
Frequently asked questions
What is the average rent in Chicago Ridge, IL?
Renting in Chicago Ridge costs a median of about $1,629 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Chicago Ridge?
To keep rent under 30% of income, you need about $65,160 a year, or $31 an hour at a full-time job.
Is Chicago Ridge cheap or expensive?
Chicago Ridge is rated OK: rent takes 26.3% of the typical household income of $74,378. It ranks 191st cheapest of 334 Illinois cities we track.
How much are property taxes in Chicago Ridge?
The median homeowner in Chicago Ridge pays $5,374 a year in property taxes, about 2.37% of the median home value.
Is Chicago Ridge 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 Chicago Ridge?
The median home value in Chicago Ridge is $226,900, about 3.1 times the typical yearly household income.
14,099 people live in Chicago Ridge. Numbers are typical (middle) values.