salaryRent is higher than in 70% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (77%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $80,880 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 274 of 334 cities from cheapest to most expensive.
How much do households earn in Wood Dale?
Share of households by yearly income. 31.0% of households earn $100,000 or more.
Rent by apartment size in Wood Dale
| Size | Wood Dale | U.S. average |
|---|---|---|
| Studio | $988 | $1,338 |
| 1 bedroom | $1,302 | $1,324 |
| 2 bedrooms | $1,847 | $1,509 |
| 3 bedrooms | $2,468 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Wood Dale 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 Wood Dale, so the Illinois figure is shown.
Taxes and bills in Wood Dale
Life in Wood Dale
Is it cheaper to rent or buy in Wood Dale?
Renting is cheaper right now: about $191 a month less.
Owning assumes a typical $318,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,890 for the down payment.
Frequently asked questions
What is the average rent in Wood Dale, IL?
Renting in Wood Dale costs a median of about $2,022 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Wood Dale?
To keep rent under 30% of income, you need about $80,880 a year, or $39 an hour at a full-time job.
Is Wood Dale cheap or expensive?
Wood Dale is rated OK: rent takes 24.6% of the typical household income of $98,555. It ranks 274th cheapest of 334 Illinois cities we track.
How much are property taxes in Wood Dale?
The median homeowner in Wood Dale pays $5,900 a year in property taxes, about 1.85% of the median home value.
Is Wood Dale 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 Wood Dale?
The median home value in Wood Dale is $318,900, about 3.2 times the typical yearly household income.
13,933 people live in Wood Dale. Numbers are typical (middle) values.