What is the cost of living in Genoa, IL?
According to the most recent data on the cost of living, Genoa has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Illinois, Genoa has a cost of living index that's 1.0x lower than Illinois's index of 98.
The standard of living in Genoa ranks as #114 most affordable out of the 336 places we measured in Illinois. By definition, that implies Genoa ranks as the #222 most expensive place in the Prairie State.
For more reading on life in Genoa, check out:
Genoa Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Genoa. Here is how it fares on each of the criteria:
The Services index in Genoa is 99.
The Groceries index in Genoa is 101.
The Health index in Genoa is 90.
The Housing index in Genoa is 102.
The Transportation index in Genoa is 99.
The Utilities index in Genoa is 103.
| Living Expense | Genoa | Illinois | National Average |
|---|---|---|---|
| Overall | 96 | 98 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 101 | 99 | 100 |
| Health | 90 | 96 | 100 |
| Housing | 102 | 101 | 100 |
| Transportation | 99 | 99 | 100 |
| Utilities | 103 | 101 | 100 |
Genoa 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 Genoa Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Genoa, 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 Genoa is $310,628.
The Median Rent in Genoa is $940.
The Median Income in Genoa is $82,128.
The Home Value To Income in Genoa is 3.8x.
The Rent To Monthly Income in Genoa is 0.14x.
Genoa, IL Costs By Category
Detailed Genoa Services costs vs. Illinois
Detailed Genoa Groceries costs vs. Illinois
Detailed Genoa Health costs vs. Illinois
Detailed Genoa Transportation costs vs. Illinois
Genoa SnackAbility
Cost Of Living In Cities Around Genoa
The cost of living varies in the cities and towns around Genoa. Here's a quick look at the cost of living in the most populous nearby places:
Elgin, IL has a cost of living index of 105, 1.1x Genoa.
DeKalb, IL has a cost of living index of 99, 1.0x Genoa.
Huntley, IL has a cost of living index of 111, 1.2x Genoa.
| City | Population | Cost Of Living | Vs. Genoa |
|---|---|---|---|
| Elgin, IL | 114,934 | 105 | 1.1x |
| DeKalb, IL | 40,443 | 99 | 1.0x |
| Huntley, IL | 28,005 | 111 | 1.2x |
| Sycamore, IL | 18,559 | 102 | 1.1x |
| Campton Hills, IL | 10,877 | 143 | 1.5x |
| Gilberts, IL | 8,606 | 120 | 1.2x |
| Hampshire, IL | 8,524 | 115 | 1.2x |
| West Dundee, IL | 7,906 | 115 | 1.2x |
| Marengo, IL | 7,040 | 99 | 1.0x |
| Elburn, IL | 6,354 | 116 | 1.2x |
