CostByCity

Cost of Living in Kankakee, IL

2024 data from the Bureau of Economic Analysis

Cost Index
96.4
3.6% below avg
Housing Index
92.9
Median Income
$65,489
Median Rent
$1,025/mo

Cost Breakdown

Overall96.4 (-3.6%)
Housing92.9 (-7.1%)
Goods93.6 (-6.4%)
Utilities89.4 (-10.6%)
Other Services99.6 (-0.4%)

National average = 100

Income & Housing

Median Household Income
$65,489/year
Median Home Value
$176,800
Median Monthly Rent
$1,025/mo
Per Capita Income
$32,941/year

Compare Kankakee, IL With

Kankakee, IL vs Wilmington, NCKankakee, IL vs Missoula, MTKankakee, IL vs Winchester, VAKankakee, IL vs Nashville, TNKankakee, IL vs Cheyenne, WYKankakee, IL vs Asheville, NCKankakee, IL vs Bangor, MEKankakee, IL vs Springfield, MAKankakee, IL vs Gainesville, FLKankakee, IL vs State College, PA

Frequently Asked Questions

Is Kankakee, IL expensive to live in?
Kankakee, IL has a cost of living index of 96.4, which is 3.6% below the national average.
How much does housing cost in Kankakee, IL?
Housing costs in Kankakee, IL are indexed at 92.9 compared to the national average of 100. The median monthly rent is $1,025.
What is the average income in Kankakee, IL?
The median household income in Kankakee, IL is $65,489 per year.
What is the average home price in Kankakee, IL?
The median home value in Kankakee, IL is $176,800.