Cost of Living in Naperville, IL

Naperville is about 18% more expensive than the national average.

What Things Cost

Compared to the US average (100)

Renting
Census ACS 2024
▲ 39%
Buying
Census ACS 2024
▲ 41%
Goods
BEA RPP 2023
▲ 4%
Services
BEA RPP 2023
▲ 11%

Naperville at a Glance

Median rent$1,913/mo
Median home price$579,200
Median household income$150,360
State income tax4.95% flat
Combined sales tax7.75%
Effective property tax2.15%

On the median income of $150,360, state income tax is roughly $7,443/year.

Sources: Census ACS 2024, Tax Foundation.

Naperville is consistently rated one of the best places to live in America: a western suburb of Chicago with top-rated schools, a charming downtown Riverwalk, and a median household income above $118,000. The cost of living is above the national average, driven by housing, but the school quality draws families willing to pay the premium. Property taxes above 2% are the main financial drawback.

How People Get Around

Source: Census ACS 2024.

Drive alone61.6%
Public transit6.9%
Carpool4.2%
Work from home25.6%
Walk1.1%

Who Lives Here

Source: Census ACS 2024.

Population153,337
Median age41
College degree or higher71.9%
Homeowners75.9%
Renters24.1%
Foreign born21%
Vacancy rate3.5%

Why People Move to Naperville

The schools are the headline. Naperville's District 203 and District 204 are among the highest-rated in Illinois. The downtown Riverwalk is walkable with restaurants and shops. The Naper Settlement outdoor history museum adds character. Proximity to Chicago (30 miles, Metra commuter rail) provides big-city access.

Neighborhoods

Downtown Naperville along the Riverwalk is the walkable center. North Naperville has newer development. Naperville-South is family-oriented. Lisle and Wheaton are adjacent communities with similar character at slightly lower prices.

Things to Consider

Property taxes above 2% on a $445,000 home mean roughly $9,600/year. Illinois's pension crisis raises questions about future tax increases. The commute to Chicago (45-60 minutes by Metra) is manageable but tiring daily. The suburb can feel homogeneous. The cost of entry is significantly above the national average.

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023 (Chicago-Naperville-Elgin, IL-IN). Taxes from Tax Foundation. Demographics from Census ACS 2024. Full disclaimer.

Frequently Asked Questions About Naperville

For families with school-age children, the school quality makes the case. The property taxes are painful, but the educational outcome is among the best in the state. For people without children in schools, the premium over other Chicago suburbs is harder to justify.

Among the best in Illinois and consistently ranked nationally. Both Naperville Community Unit School District 203 and Indian Prairie School District 204 have high test scores, graduation rates, and college placement. The school quality is the primary driver of housing demand and prices.

High. The effective rate exceeds 2%, meaning a $445,000 home costs roughly $9,600/year in property taxes. This is the tradeoff for excellent schools and services. Illinois property taxes are a persistent political issue, and the rates are among the highest nationally.