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
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
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
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 |
