Cost of Living in Cicero, IL
Population: 83,223 • 2026 Data
$68,548
Median Household Income
-11% vs national
$1,121
Median Monthly Rent
-17% vs national
$236,000
Median Home Value
-30% vs national
4.3%
Unemployment Rate
Housing in Cicero
The median home value in Cicero, IL is $236,000. Monthly rent for a typical unit averages $1,121, while total monthly housing costs (including utilities and insurance) average $1,187.
Rent-to-income ratio: 19.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Cicero, IL is $68,548. The unemployment rate stands at 4.3%, with a labor force of 41,328 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.