salaryRent is higher than in 70% of U.S. cities. A typical house costs about 3.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $80,600 a year. That is $39 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 273 of 334 cities from cheapest to most expensive.
How much do households earn in Skokie?
Share of households by yearly income. 39.9% of households earn $100,000 or more.
Rent by apartment size in Skokie
| Size | Skokie | U.S. average |
|---|---|---|
| Studio | $1,486 | $1,338 |
| 1 bedroom | $1,400 | $1,324 |
| 2 bedrooms | $1,776 | $1,509 |
| 3 bedrooms | $2,267 | $1,698 |
| 4 bedrooms | $2,886 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Skokie overall?
Everyday prices in the Chicago-Naperville-Elgin metro area are 4% above the U.S. average (index 103.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Skokie
Life in Skokie
What jobs pay in Skokie
| Job | Median pay | Rent / pay |
|---|---|---|
| Lawyer | $165,660 | 14.6% |
| Pharmacist | $140,880 | 17.2% |
| Software Developer | $134,380 | 18.0% |
| Nurse Practitioner | $131,740 | 18.4% |
| Physician Assistant | $127,940 | 18.9% |
| Operations Manager | $109,390 | 22.1% |
| Police Officer | $107,810 | 22.4% |
| Computer Systems Analyst | $103,490 | 23.4% |
| Plumber | $103,380 | 23.4% |
| Electrician | $102,350 | 23.6% |
| Registered Nurse | $100,490 | 24.1% |
| Dental Hygienist | $100,260 | 24.1% |
| Civil Engineer | $100,160 | 24.1% |
| Firefighter | $82,820 | 29.2% |
| Accountant | $82,360 | 29.4% |
| Carpenter | $80,440 | 30.1% |
| Market Research Analyst | $80,400 | 30.1% |
| Elementary School Teacher | $78,390 | 30.8% |
| Licensed Practical Nurse | $78,070 | 31.0% |
| HVAC Technician | $77,960 | 31.0% |
| Truck Driver | $62,300 | 38.8% |
| Medical Assistant | $47,270 | 51.2% |
| Customer Service Representative | $47,100 | 51.3% |
| Nursing Assistant | $46,940 | 51.5% |
| Warehouse Worker | $40,550 | 59.6% |
| Restaurant Cook | $38,930 | 62.1% |
| Retail Salesperson | $35,820 | 67.5% |
| Cashier | $35,010 | 69.1% |
| Server (Waiter/Waitress) | $31,200 | 77.5% |
Is it cheaper to rent or buy in Skokie?
Renting is cheaper right now: about $672 a month less.
Owning assumes a typical $387,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,720 for the down payment.
Frequently asked questions
What is the average rent in Skokie, IL?
Renting in Skokie costs a median of about $2,015 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Skokie?
To keep rent under 30% of income, you need about $80,600 a year, or $39 an hour at a full-time job.
Is Skokie cheap or expensive?
Skokie is rated OK: rent takes 23.5% of the typical household income of $102,821. It ranks 273rd cheapest of 334 Illinois cities we track.
How much are property taxes in Skokie?
The median homeowner in Skokie pays $8,048 a year in property taxes, about 2.08% of the median home value.
Is Skokie more expensive than the national average?
Overall prices in the metro area are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Skokie?
The median home value in Skokie is $387,200, about 3.8 times the typical yearly household income.
66,219 people live in Skokie. Numbers are typical (middle) values.