What is the cost of living in Urbana, IL?
According to the most recent data on the cost of living, Urbana has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Illinois, Urbana has a cost of living index that's 1.0x lower than Illinois's index of 98.
The standard of living in Urbana ranks as #114 most affordable out of the 336 places we measured in Illinois. By definition, that implies Urbana ranks as the #222 most expensive place in the Prairie State.
For more reading on life in Urbana, check out:
Urbana Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Urbana. Here is how it fares on each of the criteria:
The Services index in Urbana is 97.
The Groceries index in Urbana is 96.
The Health index in Urbana is 84.
The Housing index in Urbana is 99.
The Transportation index in Urbana is 98.
The Utilities index in Urbana is 98.
| Living Expense | Urbana | Illinois | National Average |
|---|---|---|---|
| Overall | 96 | 98 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 96 | 99 | 100 |
| Health | 84 | 96 | 100 |
| Housing | 99 | 101 | 100 |
| Transportation | 98 | 99 | 100 |
| Utilities | 98 | 101 | 100 |
Urbana 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 Urbana Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Urbana, 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 Urbana is $199,533.
The Median Rent in Urbana is $972.
The Median Income in Urbana is $45,346.
The Home Value To Income in Urbana is 4.4x.
The Rent To Monthly Income in Urbana is 0.26x.
Urbana, IL Costs By Category
Detailed Urbana Services costs vs. Illinois
Detailed Urbana Groceries costs vs. Illinois
Detailed Urbana Health costs vs. Illinois
Detailed Urbana Transportation costs vs. Illinois
Urbana SnackAbility
Cost Of Living In Cities Around Urbana
The cost of living varies in the cities and towns around Urbana. Here's a quick look at the cost of living in the most populous nearby places:
Champaign, IL has a cost of living index of 97, 1.0x Urbana.
Bloomington, IL has a cost of living index of 95, 1.0x Urbana.
Charleston, IL has a cost of living index of 85, 0.9x Urbana.
| City | Population | Cost Of Living | Vs. Urbana |
|---|---|---|---|
| Champaign, IL | 89,996 | 97 | 1.0x |
| Bloomington, IL | 78,907 | 95 | 1.0x |
| Charleston, IL | 17,062 | 85 | 0.9x |
| Mattoon, IL | 16,586 | 85 | 0.9x |
| Rantoul, IL | 12,421 | 88 | 0.9x |
| Mahomet, IL | 10,049 | 107 | 1.1x |
| Savoy, IL | 8,968 | 107 | 1.1x |
| Clinton, IL | 6,985 | 85 | 0.9x |
| Monticello, IL | 6,304 | 97 | 1.0x |
| Mount Zion, IL | 5,660 | 92 | 1.0x |
