Cost of living in Geneseo research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Geneseo is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Geneseo is 94, with 100 being the average.
The cost of living index in Geneseo is 0.9x lower than the national average.
Geneseo ranks as the #107 cheapest in Illinois out of 336.
Geneseo ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Geneseo is $237,195.
The median income in Geneseo is $65,226.
According to the most recent data on the cost of living, Geneseo has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Illinois, Geneseo has a cost of living index that's 1.0x lower than Illinois's index of 98.
The standard of living in Geneseo ranks as #107 most affordable out of the 336 places we measured in Illinois. By definition, that implies Geneseo ranks as the #229 most expensive place in the Prairie State.
For more reading on life in Geneseo, check out:
Six factors go into calculating the cost of living index in Geneseo. Here is how it fairs on each of the criteria:
The Services index in Geneseo is 93.
The Groceries index in Geneseo is 99.
The Health index in Geneseo is 84.
The Housing index in Geneseo is 82.
The Transportation index in Geneseo is 102.
The Utilities index in Geneseo is 89.
| Living Expense | Geneseo | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 94 | 98 | 100 | |
| Services | 93 | 95 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 84 | 96 | 100 | |
| Housing | 82 | 94 | 100 | |
| Transportation | 102 | 101 | 100 | |
| Utilities | 89 | 87 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Geneseo is $237,195.
The Median Rent in Geneseo is $952.
The Median Income in Geneseo is $65,226.
The Home Value To Income in Geneseo is 3.6x.
The Rent To Monthly Income in Geneseo is 0.18x.
The cost of living varies in the cities and towns around Geneseo. Here's a quick look at the cost of living in the most populous nearby places:
Moline, IL has a cost of living index of 88, 0.9x Geneseo.
Bettendorf, IA has a cost of living index of 102, 1.1x Geneseo.
East Moline, IL has a cost of living index of 87, 0.9x Geneseo.
| City | Population | Cost Of Living | Vs. Geneseo |
|---|---|---|---|
| Moline, IL | 42,235 | 88 | 0.9x |
| Bettendorf, IA | 39,297 | 102 | 1.1x |
| East Moline, IL | 20,837 | 87 | 0.9x |
| Kewanee, IL | 12,280 | 81 | 0.9x |
| Silvis, IL | 7,939 | 93 | 1.0x |
| Colona, IL | 5,189 | 93 | 1.0x |