Comprehensive cost of living breakdown for Illinois including housing, food, transportation, and healthcare costs for retirement planning.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Lake County, IL (MWACL17097) from 2009 to 2023 about Lake County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for DuPage County, IL (MWACL17043) from 2009 to 2023 about Will County, IL; Du Page County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Cook County, IL (MWACL17031) from 2009 to 2023 about Cook County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Adams County, IL (MWACL17001) from 2016 to 2019 about Adams County, IL; adjusted; IL; average; wages; real; and USA.

The United States senior living market, valued at $112.93 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.86% from 2025 to 2033. This expansion is fueled by several key drivers. The aging population, particularly the baby boomer generation, is a significant factor, creating an increasing demand for assisted living, independent living, memory care, and nursing care facilities. Furthermore, rising disposable incomes and increasing awareness of the benefits of senior living communities contribute to market growth. Technological advancements in senior care, such as telehealth and remote monitoring, are also enhancing the quality of life for residents and boosting market appeal. However, the market faces some restraints, including the rising costs of healthcare and senior care services, potentially limiting accessibility for some segments of the population. Furthermore, staffing shortages within the industry represent a significant challenge. The market is segmented by property type, with assisted living, independent living, and memory care facilities representing the largest segments. Key states driving market growth include New York, Illinois, California, North Carolina, and Washington, reflecting higher concentrations of the senior population and higher disposable incomes. Major players in the market such as Ensign Group Inc, Sunrise Senior Living, Brookdale Senior Living Inc, and Atria Senior Living Inc, compete fiercely, driving innovation and service improvements. The forecast period (2025-2033) anticipates continued growth, driven by the ongoing demographic shifts and increased demand for high-quality senior care options. Strategic partnerships, acquisitions, and investments in technology are likely to shape the competitive landscape in the coming years. The industry will continue to adapt to meet the evolving needs of the aging population, focusing on personalized care, innovative technologies, and cost-effective solutions. This comprehensive report provides an in-depth analysis of the booming United States senior living market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this report is an invaluable resource for investors, industry professionals, and anyone seeking to understand the dynamics of this rapidly evolving sector. The report leverages extensive data analysis to provide insightful projections and uncover key trends shaping the future of senior care in the US. Expect detailed breakdowns of key segments, including assisted living, independent living, memory care, and nursing care, across major states like California, New York, Illinois, North Carolina, and Washington. Recent developments include: July 2023: Spring Cypress senior living site expansion is set to open at the end of 2024 and will consist of three phases. The first phase of the expansion will include 19 independent-living, two-bedroom cottages. The second phase will include 24 townhomes. The third phase will feature 95 apartments. The final phase will feature a resort with several luxury amenities., Apr 2023: For seniors looking for innovative, high-quality care, Avista Senior Living is transitioning away from its SafelyYou partnership to empower safer, more personalized dementia care with real-time, AI video and remote clinical experts 24/7.. Key drivers for this market are: 4., Increase in Aging Population Driving the Market4.; Healthcare and Long-term Care Needs Driving the Market. Potential restraints include: 4., High Affordability and Cost of Care Affecting the Market4.; Staffing and Workforce Challenges Affecting the Market. Notable trends are: Senior Housing Witnessing Increased Demand.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Will County, IL (MWACL17197) from 2009 to 2023 about Will County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

The rental housing developments listed below are among the thousands of affordable units that are supported by City of Chicago programs to maintain affordability in local neighborhoods. The list is updated periodically when construction is completed for new projects or when the compliance period for older projects expire, typically after 30 years. The list is provided as a courtesy to the public. It does not include every City-assisted affordable housing unit that may be available for rent, nor does it include the hundreds of thousands of naturally occurring affordable housing units located throughout Chicago without City subsidies. For information on rents, income requirements and availability for the projects listed, contact each property directly. For information on other affordable rental properties in Chicago and Illinois, call (877) 428-8844, or visit www.ILHousingSearch.org.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for McHenry County, IL (MWACL17111) from 2009 to 2023 about McHenry County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for McLean County, IL (MWACL17113) from 2009 to 2023 about McLean County, IL; Bloomington; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Sangamon County, IL (MWACL17167) from 2009 to 2023 about Sangamon County, IL; Springfield; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Kane County, IL (MWACL17089) from 2009 to 2023 about Kane County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Vermilion County, IL (MWACL17183) from 2009 to 2023 about Vermilion County, IL; Danville; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for LaSalle County, IL (MWACL17099) from 2016 to 2023 about La Salle County, IL; Will County, IL; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Kendall County, IL (MWACL17093) from 2009 to 2023 about Kendall County, IL; Chicago; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Williamson County, IL (MWACL17199) from 2009 to 2023 about Williamson County, IL; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Peoria County, IL (MWACL17143) from 2009 to 2023 about Peoria County, IL; Peoria; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for St. Clair County, IL (MWACL17163) from 2009 to 2023 about St. Clair County, IL; St. Louis; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Winnebago County, IL (MWACL17201) from 2009 to 2023 about Winnebago County, IL; Rockford; adjusted; IL; average; wages; real; and USA.

Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Tazewell County, IL (MWACL17179) from 2009 to 2023 about Tazewell County, IL; Peoria; adjusted; IL; average; wages; real; and USA.