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

Which city costs less?

Grant Park, IL has a modeled overall cost index 3.6% higher than Malta, IL.

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

Numbers update automatically as you type

Estimated extra cost: $232/month in Grant Park, IL

$150,000 in your current city has a modeled equivalent of $152,785 in Grant Park, IL

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

Overall Cost

↑ 3.6%

More expensive

Monthly Impact

$232

Extra cost

Annual Impact

$2.8K

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.

Malta, IL

Population:1K

Cost Index:

87.6

100 = national average

Typical Home:$264K

Grant Park, IL

Population:1K

Cost Index:

90.8

100 = national average

Typical Home:$282K

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Malta, IL

The Prairie State

Population

State Tax

Yes

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

Grant Park, 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: Malta, IL vs Grant Park, 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	Malta, IL	Grant Park, IL	Difference	Change
Housing	$2,413/mo	$2,500/mo	↑ $86.83more	3.6%
Other	$1,537/mo	$1,592/mo	↑ $55.30more	3.6%
Transportation	$1,469/mo	$1,522/mo	↑ $52.86more	3.6%
Groceries	$999/mo	$1,017/mo	↑ $17.82more	1.8%
Healthcare	$578/mo	$588/mo	↑ $10.30more	1.8%
All Utilities	$504/mo	$513/mo	↑ $8.99more	1.8%

Housing

↑ 3.6%

Malta, IL

$2,413

Grant Park, IL

$2,500

Difference

$86.83

Other

↑ 3.6%

Malta, IL

$1,537

Grant Park, IL

$1,592

Difference

$55.30

Transportation

↑ 3.6%

Malta, IL

$1,469

Grant Park, IL

$1,522

Difference

$52.86

Groceries

↑ 1.8%

Malta, IL

$999

Grant Park, IL

$1,017

Difference

$17.82

Healthcare

↑ 1.8%

Malta, IL

$578

Grant Park, IL

$588

Difference

$10.30

All Utilities

↑ 1.8%

Malta, IL

$504

Grant Park, IL

$513

Difference

$8.99

🏠Rent Comparison

Studio

From$940

To$990

↑ $50.00

1 Bed

From$1,040

To$1,090

↑ $50.00

2 Bed

From$1,370

To$1,420

↑ $50.00

3 Bed

From$1,820

To$1,870

↑ $50.00

Malta, ILZIP-level data

1BR range: $1,040–$1,040/mo

Grant Park, ILZIP-level data

1BR range: $1,090–$1,090/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 Malta, IL

$7,732

Monthly in Grant Park, IL

$232

Difference

Home Values

Malta

Grant Park

$264K

Median Value

$282K

↑ +8.8%

YoY Change

↑ +7.3%

↑ +46.5%

5-Year Change

↑ +37.1%

Homes in Grant Park are 7% more expensive than Malta

Calculate payment - Malta Calculate payment - Grant Park

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

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

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

Additional Tax Information

Malta, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

Grant Park, 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

Malta

Grant Park

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 Malta, IL to Grant Park, IL

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

Compare actual homes. Get current quotes in Grant Park, IL for the same bedroom count and included utilities as your home in Malta, 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 Malta to Grant Park moving checklist to organize the tasks and timing.

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

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

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

Grant Park, IL has a modeled overall cost index 3.6% higher than Malta, 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 Malta, IL, the model estimates $152,785 in Grant Park, 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 Malta, IL and Grant Park, IL?

The modeled two-bedroom rents are $1,370/month in Malta, IL and $1,420/month in Grant Park, 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.

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