South Beloit, IL Cost Of Living

The latest cost of living statistics for South Beloit. Includes statistics on rent, mortgages, healthcare, and other costs for South Beloit compared to the state and national averages.

Cost of living in South Beloit, Illinois

Cost of living in South Beloit 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 South Beloit 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:

92 Cost of living index 0.9x lower vs US
#88 Cheapest in Illinois (of 336)
#1,359 Cheapest in the U.S. (of 6,489)
$233,138 Median home value
$972 Median rent
$78,616 Median income
Not sure South Beloit fits your budget? Try our place-match quiz →

What is the cost of living in South Beloit, IL?

According to the most recent data on the cost of living, South Beloit has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.

Compared to Illinois, South Beloit has a cost of living index that's 0.9x lower than Illinois's index of 98.

The standard of living in South Beloit ranks as #88 most affordable out of the 336 places we measured in Illinois. By definition, that implies South Beloit ranks as the #248 most expensive place in the Prairie State.

For more reading on life in South Beloit, check out:

South Beloit Cost Of Living Vs. Illinois

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

  • The Services index in South Beloit is 97.

  • The Groceries index in South Beloit is 96.

  • The Health index in South Beloit is 72.

  • The Housing index in South Beloit is 96.

  • The Transportation index in South Beloit is 98.

  • The Utilities index in South Beloit is 100.

Living Expense South Beloit Illinois National Average
Overall 92 98 100
Services 97 99 100
Groceries 96 99 100
Health 72 96 100
Housing 96 101 100
Transportation 98 99 100
Utilities 100 101 100

South Beloit Cost Of Living Compared To Illinois Averages

Services
South Beloit 97
Illinois avg 99
Groceries
South Beloit 96
Illinois avg 99
Health
South Beloit 72
Illinois avg 96
Housing
South Beloit 96
Illinois avg 101
Transportation
South Beloit 98
Illinois avg 99
Utilities
South Beloit 100
Illinois avg 101

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 South Beloit Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

South Beloit, IL Housing Cost Breakdown

$233,138Median Home Value
$972Median Rent
$78,616Median Income

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 South Beloit is $233,138.

  • The Median Rent in South Beloit is $972.

  • The Median Income in South Beloit is $78,616.

  • The Home Value To Income in South Beloit is 3.0x.

  • The Rent To Monthly Income in South Beloit is 0.15x.

Statistic South Beloit Illinois United States
Median Home Value $233,138 $285,735 $332,700
Median Rent $972 $1,274 $1,413
Median Income $78,616 $83,390 $80,734
Home Value To Income 3.0x 3.4x 4.1x
Rent To Monthly Income 0.15x 0.18x 0.21x

South Beloit, IL Costs By Category

Detailed South Beloit Services costs vs. Illinois
Item South Beloit Illinois
Shampoo $1.27 $1.28
Movie $12.73 $12.13
Bowling $12.67 $18
Haircut $19.94 $24.26
Beauty Salon $36.22 $45.56
Detailed South Beloit Groceries costs vs. Illinois
Item South Beloit Illinois
Ground Beef $5.72 $5.84
Fried Chicken $1.42 $1.57
Milk $4.63 $4.67
Potatoes $4.82 $4.93
Pizza $10.99 $12.09
Beer $9.56 $10.41
Toothpaste $3.58 $3.7
Detailed South Beloit Health costs vs. Illinois
Item South Beloit Illinois
Optometrist $79.67 $125.68
Doctor $158.33 $135.78
Dentist $110.16 $113.29
Detailed South Beloit Transportation costs vs. Illinois
Item South Beloit Illinois
Gasoline $3.69 $3.46
Tire Balancing $70.28 $59.92
Detailed South Beloit Utilities costs vs. Illinois
Item South Beloit Illinois
All Electricity $147.39 $193.99
Phone $198.03 $192.25

South Beloit SnackAbility

7Overall SnackAbility
Jobs 8/10
Housing 6/10
Affordability 8.5/10
Diversity 6/10
Safety 8/10
Amenities 8/10
Education 6/10
Commute 7/10

Cost Of Living In Cities Around South Beloit

The cost of living varies in the cities and towns around South Beloit. 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 89, 1.0x South Beloit.

  • Janesville, WI has a cost of living index of 95, 1.0x South Beloit.

  • Beloit, WI has a cost of living index of 88, 1.0x South Beloit.

City Population Cost Of Living Vs. South Beloit
Rockford, IL 147,521 89 1.0x
Janesville, WI 66,030 95 1.0x
Beloit, WI 36,534 88 1.0x
Belvidere, IL 24,752 90 1.0x
Loves Park, IL 23,502 90 1.0x
Machesney Park, IL 22,630 93 1.0x
Roscoe, IL 10,706 101 1.1x
Rockton, IL 7,974 96 1.0x
Candlewick Lake, IL 5,448 99 1.1x