Illinois
Wage: $63,930 ($30.73/hr)
Home Price: $246,770
Rent: $1,874/mo
Overview
Overview of Illinois
Homes in Illinois are slightly cheaper than average, priced at $246,770. A dollar buys a bit less here than the national average ($102.60 value). Property crime rates in Illinois are higher than most states, with 16.83 incidents per 1,000 people.
Curious what your salary would look like after taxes in Illinois? Try our free tax calculators.
Compared to the national average, Illinois the difference in median home prices is -29.05% – positive being higher than the national average, negative being lower. The difference in the value of $100 is -0.68% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is 17.23% and property crime is -11.03%.
Counties
Cook, DuPage, Lake
Zip Codes
60601, 60068, 60637
Popular Metro Area
Chicago-Naperville
Most Populated City
Chicago
Median Home Price
$246,770
Value of $100
$102.6
Average Monthly Rent
$1,874
Property Crime Per 1000
16.83
Cost of Living
Cost of Living in Illinois
The average monthly cost of living expenses in Illinois including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$412
Energy Bill
$95.86
Monthly Water Bill
$26
Monthly Internet
$30
Natural Gas (Utilities)
$97
Monthly Phone Bill
$114
Streaming Services
$49.50
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Crime
Crime in Illinois
Typical crime rates in Illinois including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
12,812,508
Crime Rate Per 100k Residents
3544.67
Violent Crime Per 100k Residents
425.91
Non-Violent Crime Per 100k Residents
3118.753
Jobs
Jobs in Illinois
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
0.38
Unemployment Rate (%)
4.75
Job Openings Level
349,000
Annual Average Wage
$63,930
Hourly Average Wage
$30.73
Labor Force Participation (%)
64.1
Taxes
Taxes in Illinois
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
6%
Average Local Sales Tax
3%
Combined Sales Tax Rate
9%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.