IL metros
Cost of living across major IL metropolitan areas.
What living in IL costs
Across the 3 IL metros we track, the typical cost-of-living index is 90.2 against a national metro median of 95.7 — about 6% cheaper than the typical US metro. That ranks IL 8 of the 48 states we cover, counting from the cheapest.
The state is not uniform: Peoria, IL is the cheapest metro at 88.8, while Chicago, IL runs 102.5 — a spread of 15% between them.
A typical IL home costs $221,368, or about 3.3× median household income, and typical rent is $1,319/mo.
Taxes in IL
IL levies a state income tax on top of the federal one. Effective property tax runs about 2.2% of home value in a typical IL metro, and combined state and local sales tax is around 8.9%.
Property tax is the one that scales with housing, so it bites hardest in the pricier metros above. Per-metro figures are on each metro page.
| Metro | COL index | Median home | Median rent |
|---|---|---|---|
| Chicago, IL | 102.5 | $353,998 | $2,266 |
| Peoria, IL | 88.8 | $172,742 | $1,179 |
| Rockford, IL | 90.2 | $221,368 | $1,319 |
Cities & towns in IL (189)
Local property tax, home values and school scores for each place.