Grant Park, IL vs Malta, IL: Cost of Living

Which city costs less?

Malta, IL has a modeled overall cost index 3.5% lower than Grant Park, IL.

Grant Park, IL · modeled 2BR rent: $1,420 / month
Malta, IL · modeled 2BR rent: $1,370 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Grant Park, IL and Malta, IL using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

Current salary in Grant Park, IL

Numbers update automatically as you type

Estimated savings: $225/month in Malta, IL

$150,000 in your current city has a modeled equivalent of $147,299 in Malta, IL

Regional cost estimates: Grant Park, IL uses Chicago, IL. Malta, IL uses Chicago, IL. Available city ZIP rent estimates are shown separately.

Overall Cost

↓ 3.5%

Less expensive

Monthly Impact

$225

Savings

Annual Impact

$2.7K

Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Grant Park, IL

Population:1K

Cost Index:

90.8

100 = national average

Typical Home:$282K

Malta, IL

Population:1K

Cost Index:

87.6

100 = national average

Typical Home:$264K

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Grant Park, IL

The Prairie State

Population

State Tax

Yes

Located in Illinois, this city has a population of 1K residents.

Malta, IL

The Prairie State

Population

State Tax

Yes

Located in Illinois, this city has a population of 1K residents.

Cost Breakdown by Category

Estimated monthly spending: Grant Park, IL vs Malta, IL

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Category	Grant Park, IL	Malta, IL	Difference	Change
Housing	$2,425/mo	$2,341/mo	↓ $84.22less	3.5%
Other	$1,544/mo	$1,491/mo	↓ $53.64less	3.5%
Transportation	$1,476/mo	$1,425/mo	↓ $51.27less	3.5%
Groceries	$987/mo	$969/mo	↓ $17.29less	1.8%
Healthcare	$570/mo	$560/mo	↓ $9.99less	1.8%
All Utilities	$498/mo	$489/mo	↓ $8.72less	1.8%

Housing

↓ 3.5%

Grant Park, IL

$2,425

Malta, IL

$2,341

Difference

$84.22

less

Other

↓ 3.5%

Grant Park, IL

$1,544

Malta, IL

$1,491

Difference

$53.64

less

Transportation

↓ 3.5%

Grant Park, IL

$1,476

Malta, IL

$1,425

Difference

$51.27

less

Groceries

↓ 1.8%

Grant Park, IL

$987

Malta, IL

$969

Difference

$17.29

less

Healthcare

↓ 1.8%

Grant Park, IL

$570

Malta, IL

$560

Difference

$9.99

less

All Utilities

↓ 1.8%

Grant Park, IL

$498

Malta, IL

$489

Difference

$8.72

less

🏠Rent Comparison

Studio

From$990

To$940

↓ $50.00

1 Bed

From$1,090

To$1,040

↓ $50.00

2 Bed

From$1,420

To$1,370

↓ $50.00

3 Bed

From$1,870

To$1,820

↓ $50.00

Grant Park, ILZIP-level data

1BR range: $1,090–$1,090/mo

Malta, ILZIP-level data

1BR range: $1,040–$1,040/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500

Monthly in Grant Park, IL

$7,275

Monthly in Malta, IL

$225

Difference

Home Values

Grant Park

Malta

$282K

Median Value

$264K

↑ +7.3%

YoY Change

↑ +8.8%

↑ +37.1%

5-Year Change

↑ +46.5%

Homes in Malta are 6% less expensive than Grant Park

Calculate payment - Grant Park Calculate payment - Malta

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Grant Park, IL

Federal Income Tax

Effective: 18.9%

$25.5K

Illinois State Tax

Effective: 5.0%

$7.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,797/month

$105.6K

Malta, IL

Federal Income Tax

Effective: 18.9%

$25.5K

Illinois State Tax

Effective: 5.0%

$7.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,797/month

$105.6K

Additional Tax Information

Grant Park, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

Malta, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Grant Park

Malta

54 Moderate

Air Quality

54 Moderate

35.8%

Good Air Days

35.8%

100 Very High

Climate Risk

100 Very High

🌊🌡🫨

Top Hazards

🌊🌡🫨

▲+3.2°F

2050 Outlook

▲+3.2°F

18 days

Heat Days >95°F

18 days

▲+3.2°F

2050 Outlook

▲+3.2°F

18 days

Heat Days >95°F

18 days

Before moving from Grant Park, IL to Malta, IL

Use this comparison to shortlist a move, then check the costs that depend on your household.

Compare actual homes. Get current quotes in Malta, IL for the same bedroom count and included utilities as your home in Grant Park, IL. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Grant Park to Malta moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Malta, IL by cost, housing, population and region.

Frequently Asked Questions: Grant Park, IL vs Malta, IL

How do the cost estimates for Grant Park, IL and Malta, IL compare?

Malta, IL has a modeled overall cost index 3.5% lower than Grant Park, IL. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Grant Park, IL, the model estimates $147,299 in Malta, IL. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Grant Park, IL and Malta, IL?

The modeled two-bedroom rents are $1,420/month in Grant Park, IL and $1,370/month in Malta, IL. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.