Town39,854 people

Carol Stream, IL

Discover how far your salary goes in Carol Stream. Compare taxes, rent, and living costs.

Cost Index
125
📈 Above Average
Population

39,854

State Tax

5.0%

1BR Rent

$1,463

/month

vs National

+5%

above avg

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Rent Prices in Carol Stream

🏠

Studio

$1,170

/month

$14,040/year

Most Common
🛏️

1 Bedroom

$1,463

/month

$17,556/year

🏡

2 Bedroom

$1,975

/month

$23,700/year

🏘️

3 Bedroom

$2,560

/month

$30,720/year

Taxes in Illinois

State Income Tax

Illinois

5.0%

For a $100k salary, that's ~$4,950/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Carol Stream, IL?

Carol Stream has a cost of living index of 125, which is 25% above the national average. A 1-bedroom apartment costs around $1,463/month.

What is the state income tax in Illinois?

Illinois has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.

How much is rent in Carol Stream?

The median rent for a 1-bedroom apartment in Carol Stream is $1,463/month. For a 2-bedroom, expect to pay around $1,975/month. This is 5% above the national average.

Is Carol Stream a good place to live?

Carol Stream is a town with a population of 39,854. The cost of living is above average, making it more expensive than average for the US.

See the complete picture for Carol Stream

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