Illinois Data

Rank #29 / 50
Cost of Living
Rank #25
National Avg
January 2026
Updated
mortgage rate
5.05
median monthly rent
1350

Illinois Cost of Living (2026) — How It Compares to Other States

Cost of living ranking (1=most expensive)

Rates by StateCost of LivingIllinois
StateCost of Living (index)vs National
→ IllinoisRank #29 / 50-NaN%
→ Illinois$1,200-$3,000-NaN%
→ Illinois$200-$350/hr-NaN%
→ Illinois4.95%-1.0%
→ Illinois5.05%+1.0%
→ Illinois1.25% APY+4.2%
→ Illinois$150–$350-NaN%

Frequently Asked Questions

What are Illinois cost of living in 2026?
Illinois cost of living are currently Rank #29 / 50 as of January 2026. The national average is Rank #25. Illinois is at or below the national average.
How do Illinois cost of living compare to other states?
Illinois cost of living of Rank #29 / 50 compare to a national average of Rank #25. Rates vary by state based on local market conditions, legislation, and economic factors.
Where can I find the best cost of living in Illinois?
Compare multiple providers and verify credentials before committing to any financial service in Illinois.
Is Illinois an expensive state to live in?
Illinois has a cost of living index of Rank #29 / 50 compared to a national baseline of 100. Illinois is more affordable than the national average — residents typically pay less for housing, groceries, utilities, and transportation than most Americans.

Plan Your Budget

See how your income stretches in Illinois and build a realistic budget.

📈 THE FINANCE STACK

Get your weekly market edge. Free.

Market pulse, stock spotlights, and actionable frameworks — delivered every week.

No spam · Unsubscribe anytime · View all issues →