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.
How much do households earn in Wheaton?
Share of households by yearly income. 47.7% of households earn $100,000 or more.
Rent by apartment size in Wheaton
| Size | Wheaton | U.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).
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
Life in Wheaton
Is it cheaper to rent or buy in Wheaton?
Renting is cheaper right now: about $925 a month less.
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.