States › Illinois › Wheaton

Is Wheaton, IL expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,23728% higher than U.S. average
💵 Families earn per year (2026)$129,429about $10,786/month · 49% higher than U.S. average
🔑 House price$455,70037% higher than U.S. average

Rent is higher than in 78% of U.S. cities. A typical house costs about 3.5 years of household income. It is a highly educated city: 64.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $89,480 a year. That is $43 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 297 of 334 cities from cheapest to most expensive.

Wheaton
$2,237
$1,211
$1,917
$1,762

How much do households earn in Wheaton?

Under $25k
5.5%
$25k–50k
12.3%
$50k–100k
30.7%
$100k–150k
21.3%
$150k+
26.5%

Share of households by yearly income. 47.7% of households earn $100,000 or more.

Rent by apartment size in Wheaton

SizeWheatonU.S. average
Studio$1,521$1,338
1 bedroom$1,917$1,324
2 bedrooms$1,943$1,509
3 bedrooms$2,502$1,698
4 bedrooms$2,274$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Wheaton overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Wheaton, so the Illinois figure is shown.

Taxes and bills in Wheaton

🏛️ Property tax$9,443a year · 2.07% of home value · U.S. $3,119
⚡ Electric bill$106a month (typical) · U.S. $156

Life in Wheaton

Commute to work25.7 minU.S.: 26.4 min
College degree64.5%U.S.: 35.7%
Own their home71.7%U.S.: 65.2%
Below poverty line5.6%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Wheaton?

Renting is cheaper right now: about $925 a month less.

Renting
$2,237
Owning
$3,162

Owning assumes a typical $455,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,570 for the down payment.

Frequently asked questions

What is the average rent in Wheaton, IL?

Renting in Wheaton costs a median of about $2,237 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Wheaton?

To keep rent under 30% of income, you need about $89,480 a year, or $43 an hour at a full-time job.

Is Wheaton cheap or expensive?

Wheaton is rated OK: rent takes 20.7% of the typical household income of $129,429. It ranks 297th cheapest of 334 Illinois cities we track.

How much are property taxes in Wheaton?

The median homeowner in Wheaton pays $9,443 a year in property taxes, about 2.07% of the median home value.

Is Wheaton 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 Wheaton?

The median home value in Wheaton is $455,700, about 3.5 times the typical yearly household income.

53,557 people live in Wheaton. Numbers are typical (middle) values.