Rockford, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Rockford, IL Summary

Cost of living in Rockford 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 Rockford 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 Rockford is 86, with 100 being the average.

  • The cost of living index in Rockford is 0.9x lower than the national average.

  • Rockford ranks as the #61 cheapest in Illinois out of 338.

  • Rockford ranks as the #938 cheapest out of 6,412 in the US.

  • The median home value in Rockford is $97,500.

  • The median income in Rockford is $47,002.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
86
Rockford's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Rockford, IL?

According to the most recent data on the cost of living, Rockford has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.

Compared to Illinois, Rockford has a cost of living index that's 0.9x lower than Illinois's index of 92.

The standard of living in Rockford ranks as #61 most affordable out of the 338 places we measured in Illinois. By definition, that implies Rockford ranks as the #277 most expensive place in the Prairie State.

For more reading on life in Rockford, check out:

61 out of 338
In Illinois
938 out of 6,412
In America

Rockford Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Rockford. Here is how it fairs on each of the criteria:

  • The Services index in Rockford is 97.

  • The Groceries index in Rockford is 96.

  • The Health index in Rockford is 108.

  • The Housing index in Rockford is 58.

  • The Transportation index in Rockford is 106.

  • The Utilities index in Rockford is 90.

Living Expense Rockford Illinois National Average
Overall 86 92 100
Services 97 95 100
Groceries 96 98 100
Health 108 96 100
Housing 58 81 100
Transportation 106 105 100
Utilities 90 90 100
For more reading on cost of living around Illinois, check out:
Rockford Cost of Living Vs. IL

Rockford, 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 2017-2021. The key points are:

  • The Median Home Value in Rockford is $97,500.

  • The Median Rent in Rockford is $831.

  • The Median Income in Rockford is $47,002.

  • The Home Value To Income in Rockford is 2.1x.

  • The Rent To Monthly Income in Rockford is 0.21x.

Statistic Rockford Illinois United States
Median Home Value $97,500 $212,600 $244,900
Median Rent $831 $1,097 $1,163
Median Income $47,002 $72,563 $69,021
Home Value To Income 2.1x 2.9x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x
Search Homes For Sale In Rockford, IL
$97,500
Median Home Value
$831
Median Rent
$47,002
Median Income

Rockford, IL Costs By Category

Detailed Rockford Services Costs Vs. Illinois

Item Rockford Illinois
Shampoo $1.0 $1.06
Movie $11.76 $10.68
Bowling $12.42 $14.67
Haircut $15.8 $18.62
Beauty Salon $32.1 $39.05

Detailed Rockford Groceries Costs Vs. Illinois

Item Rockford Illinois
Ground Beef $3.88 $4.22
Fried Chicken $1.49 $1.39
Milk $1.57 $2.05
Potatoes $3.35 $3.29
Pizza $10.49 $10.62
Beer $8.17 $9.38
Toothpaste $2.31 $2.34

Detailed Rockford Health Costs Vs. Illinois

Item Rockford Illinois
Optometrist $73.81 $108.57
Doctor $162.33 $116.17
Dentist $102.11 $99.13

Detailed Rockford Transportation Costs Vs. Illinois

Item Rockford Illinois
Gasoline $2.39 $2.22
Tire Balancing $50.79 $50.07

Detailed Rockford Utilities Costs Vs. Illinois

Item Rockford Illinois
All Electricity $130.38 $167.67
Phone $191.29 $175.64

Rockford SnackAbility

4
/10
Overall SnackAbility
Jobs
4/10
Housing
5
Affordability
8
Diversity
9.5
Safety
3
Amenities
9
Education
6
Commute
8.5

Cost Of Living In Cities Around Rockford

The cost of living varies in the cities and towns around Rockford. Here's a quick look at the cost of living in the most populous nearby places:

  • Beloit, WI has a cost of living index of 85, 1.0x Rockford.

  • Belvidere, IL has a cost of living index of 84, 1.0x Rockford.

  • Loves Park, IL has a cost of living index of 86, 1.0x Rockford.

City Population Cost Of Living Vs. Rockford
Beloit, WI 36,567 85 1.0x
Belvidere, IL 25,179 84 1.0x
Loves Park, IL 23,223 86 1.0x
Machesney Park, IL 22,870 88 1.0x
Roscoe, IL 11,092 97 1.1x
Rockton, IL 8,051 94 1.1x
South Beloit, IL 7,943 86 1.0x

Articles About Illinois

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