Rantoul, IL Cost Of Living

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Updated: 2020-03-08
Rantoul's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Rantoul is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Rantoul, IL?

According to the most recent data on the cost of living, Rantoul has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.

Compared to only Illinois, Rantoul has a cost of living index that's 0.8x lower than Illinois's index of 98.

The standard of living in Rantoul ranks as #522 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Rantoul ranks as the #5884 most expensive place in the Prairie State.

For more reading on life in Rantoul, check out:

Rantoul Cost Of Living Vs. Illinois

Living Expense Rantoul Illinois National Average
Overall 83 98 100
Services 89 98 100
Groceries 91 97 100
Health 101 100 100
Housing 56 95 100
Transportation 105 112 100
Utilities 108 97 100
For more reading on cost of living around Illinois, check out:
Rantoul Cost of Living Vs. IL

Rantoul, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Rantoul Illinois United States
Median Home Value $86,500 $187,200 $204,900
Median Rent $774 $984 $1,023
Median Income $41,420 $63,575 $60,293
Home Value To Income 2.1x 2.9x 3.4x
Rent To Monthly Income 0.22x 0.19x 0.2x

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Cost Of Living In Cities Around Rantoul

City Population Cost Of Living Vs. Rantoul
Champaign, IL 86,791 92 1.1x
Bloomington, IL 78,331 96 1.2x
Normal, IL 54,808 97 1.2x
Urbana, IL 42,375 90 1.1x
Pontiac, IL 11,804 88 1.1x
Savoy, IL 8,654 98 1.2x
Mahomet, IL 8,327 101 1.2x
Clinton, IL 7,126 81 1.0x
Monticello, IL 5,809 93 1.1x
Watseka, IL 5,202 85 1.0x

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