Roscoe, IL Cost Of Living
Cost Of Living In Roscoe, IL Summary
Cost of living in Roscoe 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 Roscoe 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 Roscoe is 97, with 100 being the average.
The cost of living index in Roscoe is 1.0x lower than the national average.
Roscoe ranks as the #142 cheapest in Illinois out of 338.
Roscoe ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Roscoe is $181,100.
The median income in Roscoe is $101,250.
Table Of Contents
Roscoe's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Roscoe, IL?
According to the most recent data on the cost of living, Roscoe has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Illinois, Roscoe has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in Roscoe ranks as #142 most affordable out of the 338 places we measured in Illinois. By definition, that implies Roscoe ranks as the #196 most expensive place in the Prairie State.
For more reading on life in Roscoe, check out:
- Living In Roscoe
- Roscoe Crime Report
- Search Homes For Sale In Roscoe, IL
In Illinois
In America
Roscoe Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Roscoe. Here is how it fairs on each of the criteria:
The Services index in Roscoe is 97.
The Groceries index in Roscoe is 96.
The Health index in Roscoe is 107.
The Housing index in Roscoe is 88.
The Transportation index in Roscoe is 107.
The Utilities index in Roscoe is 87.
| Living Expense | Roscoe | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 97 | 92 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 107 | 96 | 100 | |
| Housing | 88 | 81 | 100 | |
| Transportation | 107 | 105 | 100 | |
| Utilities | 87 | 90 | 100 | |
Roscoe, 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 Roscoe is $181,100.
The Median Rent in Roscoe is $1,227.
The Median Income in Roscoe is $101,250.
The Home Value To Income in Roscoe is 1.8x.
The Rent To Monthly Income in Roscoe is 0.15x.
| Statistic | Roscoe | Illinois | United States |
|---|---|---|---|
| Median Home Value | $181,100 | $212,600 | $244,900 |
| Median Rent | $1,227 | $1,097 | $1,163 |
| Median Income | $101,250 | $72,563 | $69,021 |
| Home Value To Income | 1.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Roscoe, IL Costs By Category
Detailed Roscoe Services Costs Vs. Illinois
Detailed Roscoe Groceries Costs Vs. Illinois
Detailed Roscoe Health Costs Vs. Illinois
Detailed Roscoe Transportation Costs Vs. Illinois
Detailed Roscoe Utilities Costs Vs. Illinois
Roscoe SnackAbility
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Cost Of Living In Cities Around Roscoe
The cost of living varies in the cities and towns around Roscoe. Here's a quick look at the cost of living in the most populous nearby places:
Rockford, IL has a cost of living index of 86, 0.9x Roscoe.
Janesville, WI has a cost of living index of 91, 0.9x Roscoe.
Beloit, WI has a cost of living index of 85, 0.9x Roscoe.
| City | Population | Cost Of Living | Vs. Roscoe |
|---|---|---|---|
| Rockford, IL | 148,942 | 86 | 0.9x |
| Janesville, WI | 65,506 | 91 | 0.9x |
| Beloit, WI | 36,567 | 85 | 0.9x |
| Belvidere, IL | 25,179 | 84 | 0.9x |
| Loves Park, IL | 23,223 | 86 | 0.9x |
| Machesney Park, IL | 22,870 | 88 | 0.9x |
| Harvard, IL | 9,482 | 91 | 0.9x |
| Rockton, IL | 8,051 | 94 | 1.0x |
| South Beloit, IL | 7,943 | 86 | 0.9x |
| Candlewick Lake, IL | 5,154 | 93 | 1.0x |
