What is the cost of living in Belvidere, IL?
According to the most recent data on the cost of living, Belvidere has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Illinois, Belvidere has a cost of living index that's 0.9x lower than Illinois's index of 98.
The standard of living in Belvidere ranks as #69 most affordable out of the 336 places we measured in Illinois. By definition, that implies Belvidere ranks as the #267 most expensive place in the Prairie State.
For more reading on life in Belvidere, check out:
Belvidere Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Belvidere. Here is how it fares on each of the criteria:
The Services index in Belvidere is 96.
The Groceries index in Belvidere is 98.
The Health index in Belvidere is 73.
The Housing index in Belvidere is 100.
The Transportation index in Belvidere is 94.
The Utilities index in Belvidere is 96.
| Living Expense | Belvidere | Illinois | National Average |
|---|---|---|---|
| Overall | 90 | 98 | 100 |
| Services | 96 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 73 | 96 | 100 |
| Housing | 100 | 101 | 100 |
| Transportation | 94 | 99 | 100 |
| Utilities | 96 | 101 | 100 |
Belvidere Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Belvidere Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Belvidere, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Belvidere is $255,895.
The Median Rent in Belvidere is $991.
The Median Income in Belvidere is $64,528.
The Home Value To Income in Belvidere is 4.0x.
The Rent To Monthly Income in Belvidere is 0.18x.
Belvidere, IL Costs By Category
Detailed Belvidere Services costs vs. Illinois
Detailed Belvidere Groceries costs vs. Illinois
Detailed Belvidere Health costs vs. Illinois
Detailed Belvidere Transportation costs vs. Illinois
Belvidere SnackAbility
Cost Of Living In Cities Around Belvidere
The cost of living varies in the cities and towns around Belvidere. Here's a quick look at the cost of living in the most populous nearby places:
Rockford, IL has a cost of living index of 89, 1.0x Belvidere.
Loves Park, IL has a cost of living index of 90, 1.0x Belvidere.
Machesney Park, IL has a cost of living index of 93, 1.0x Belvidere.
| City | Population | Cost Of Living | Vs. Belvidere |
|---|---|---|---|
| Rockford, IL | 147,521 | 89 | 1.0x |
| Loves Park, IL | 23,502 | 90 | 1.0x |
| Machesney Park, IL | 22,630 | 93 | 1.0x |
| Roscoe, IL | 10,706 | 101 | 1.1x |
| Harvard, IL | 9,598 | 92 | 1.0x |
| Rockton, IL | 7,974 | 96 | 1.1x |
| South Beloit, IL | 7,946 | 92 | 1.0x |
| Marengo, IL | 7,040 | 99 | 1.1x |
| Genoa, IL | 5,492 | 96 | 1.1x |
| Candlewick Lake, IL | 5,448 | 99 | 1.1x |
