CostByCity

Cost of Living in Champaign, IL

2024 data from the Bureau of Economic Analysis

Cost Index
92.7
7.3% below avg
Housing Index
71.6
Median Income
$62,281
Median Rent
$975/mo

Cost Breakdown

Overall92.7 (-7.3%)
Housing71.6 (-28.4%)
Goods93.6 (-6.4%)
Utilities90.5 (-9.5%)
Other Services99.6 (-0.4%)

National average = 100

Income & Housing

Median Household Income
$62,281/year
Median Home Value
$189,700
Median Monthly Rent
$975/mo
Per Capita Income
$36,230/year

Compare Champaign, IL With

Champaign, IL vs Yuma, AZChampaign, IL vs Blacksburg, VAChampaign, IL vs Dayton, OHChampaign, IL vs Slidell, LAChampaign, IL vs Utica, NYChampaign, IL vs Corpus Christi, TXChampaign, IL vs Springfield, ILChampaign, IL vs Wausau, WIChampaign, IL vs Eau Claire, WIChampaign, IL vs New Orleans, LA

Frequently Asked Questions

Is Champaign, IL expensive to live in?
Champaign, IL has a cost of living index of 92.7, which is 7.3% below the national average.
How much does housing cost in Champaign, IL?
Housing costs in Champaign, IL are indexed at 71.6 compared to the national average of 100. The median monthly rent is $975.
What is the average income in Champaign, IL?
The median household income in Champaign, IL is $62,281 per year.
What is the average home price in Champaign, IL?
The median home value in Champaign, IL is $189,700.