What is the cost of living in Godfrey, IL?
According to the most recent data on the cost of living, Godfrey has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Illinois, Godfrey has a cost of living index that's 1.0x lower than Illinois's index of 98.
The standard of living in Godfrey ranks as #102 most affordable out of the 336 places we measured in Illinois. By definition, that implies Godfrey ranks as the #234 most expensive place in the Prairie State.
For more reading on life in Godfrey, check out:
Godfrey Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Godfrey. Here is how it fares on each of the criteria:
The Services index in Godfrey is 101.
The Groceries index in Godfrey is 95.
The Health index in Godfrey is 92.
The Housing index in Godfrey is 98.
The Transportation index in Godfrey is 97.
The Utilities index in Godfrey is 92.
| Living Expense | Godfrey | Illinois | National Average |
|---|---|---|---|
| Overall | 94 | 98 | 100 |
| Services | 101 | 99 | 100 |
| Groceries | 95 | 99 | 100 |
| Health | 92 | 96 | 100 |
| Housing | 98 | 101 | 100 |
| Transportation | 97 | 99 | 100 |
| Utilities | 92 | 101 | 100 |
Godfrey 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 Godfrey Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Godfrey, 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 Godfrey is $214,595.
The Median Rent in Godfrey is $1,153.
The Median Income in Godfrey is $94,543.
The Home Value To Income in Godfrey is 2.3x.
The Rent To Monthly Income in Godfrey is 0.15x.
Godfrey, IL Costs By Category
Detailed Godfrey Services costs vs. Illinois
Detailed Godfrey Groceries costs vs. Illinois
Detailed Godfrey Health costs vs. Illinois
Detailed Godfrey Transportation costs vs. Illinois
Godfrey SnackAbility
Cost Of Living In Cities Around Godfrey
The cost of living varies in the cities and towns around Godfrey. Here's a quick look at the cost of living in the most populous nearby places:
St. Charles, MO has a cost of living index of 102, 1.1x Godfrey.
Edwardsville, IL has a cost of living index of 104, 1.1x Godfrey.
Alton, IL has a cost of living index of 86, 0.9x Godfrey.
| City | Population | Cost Of Living | Vs. Godfrey |
|---|---|---|---|
| St. Charles, MO | 71,508 | 102 | 1.1x |
| Edwardsville, IL | 26,474 | 104 | 1.1x |
| Alton, IL | 25,279 | 86 | 0.9x |
| Old Jamestown, MO | 20,651 | 102 | 1.1x |
| Glen Carbon, IL | 13,977 | 106 | 1.1x |
| Wood River, IL | 10,279 | 86 | 0.9x |
| Bethalto, IL | 9,239 | 91 | 1.0x |
| Jerseyville, IL | 7,445 | 85 | 0.9x |
| Black Jack, MO | 6,589 | 90 | 1.0x |
| Pontoon Beach, IL | 6,025 | 89 | 0.9x |
