salaryRent is higher than in 74% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $85,400 a year. That is $41 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 289 of 334 cities from cheapest to most expensive.
How much do households earn in Wheeling?
Share of households by yearly income. 30.9% of households earn $100,000 or more.
Rent by apartment size in Wheeling
| Size | Wheeling | U.S. average |
|---|---|---|
| Studio | $1,382 | $1,338 |
| 1 bedroom | $1,642 | $1,324 |
| 2 bedrooms | $1,886 | $1,509 |
| 3 bedrooms | $2,356 | $1,698 |
| 4 bedrooms | $2,391 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Wheeling 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 Wheeling, so the Illinois figure is shown.
Taxes and bills in Wheeling
Life in Wheeling
Is it cheaper to rent or buy in Wheeling?
Buying is cheaper month to month: about $288 a month less than renting.
Owning assumes a typical $266,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $26,620 for the down payment.
Frequently asked questions
What is the average rent in Wheeling, IL?
Renting in Wheeling costs a median of about $2,135 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Wheeling?
To keep rent under 30% of income, you need about $85,400 a year, or $41 an hour at a full-time job.
Is Wheeling cheap or expensive?
Wheeling is rated OK: rent takes 27.9% of the typical household income of $91,894. It ranks 289th cheapest of 334 Illinois cities we track.
How much are property taxes in Wheeling?
The median homeowner in Wheeling pays $6,029 a year in property taxes, about 2.26% of the median home value.
Is Wheeling 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 Wheeling?
The median home value in Wheeling is $266,200, about 2.9 times the typical yearly household income.
38,433 people live in Wheeling. Numbers are typical (middle) values.