Cheapest Places to Live in Illinois

Illinois, with its bustling cities, rich history, and diverse landscapes, offers a mix of urban and rural living experiences. Landmarks such as the Willis Tower, Millennium Park, and the Abraham Lincoln Presidential Library and Museum highlight the state's cultural and historical significance. The state's economy is diverse and robust, driven by sectors such as manufacturing, agriculture, and finance. Illinois' tax structure includes relatively high income and property taxes, which can impact the overall affordability for residents. Despite recent inflation and rising food costs, Illinois remains one of the more affordable states in the Midwest, especially in its smaller towns and rural areas. The combination of a diverse economy and manageable living costs makes Illinois an attractive place for those seeking affordability and quality of life.

Affordable living in Illinois can often be found in smaller towns and suburban areas where housing costs and everyday expenses are lower. These regions provide a more manageable cost of living, which is essential for maintaining financial stability. Affordability is a crucial factor in livability, as it allows residents to enjoy a comfortable standard of living without undue financial strain. Factors contributing to the cheapest places to live in Illinois include lower housing demand in less populated areas, supportive local economic policies, and efficient public services. Utilizing C2ER's cost of living data helps to identify these affordable regions, ensuring that potential residents can make informed decisions. In a state known for its cultural diversity and economic opportunities, finding affordable living options enhances the overall living experience.

Pana Population: 5,338 21% cheaper than Illinois average
Med. Home Value: $74,800 Med. Rent: $624 Med. Household Inc.: $47,701
With a cost of living index that is 21% cheaper than the state average, Pana is the cheapest place to live in Illinois. This area offers residents a remarkable blend of relatively low housing costs, budget-friendly grocery prices, affordable utilities, and economical health care services, making it an attractive destination for those seeking to stretch their dollars further. Whether you're a young professional, a growing family, or someone looking to enjoy a more relaxed pace of life, Pana provides an inviting and cost-effective environment to call home.
Vandalia Population: 6,615 21% cheaper than Illinois average
Med. Home Value: $81,900 Med. Rent: $622 Med. Household Inc.: $35,862
The second most affordable city in Illinois is Vandalia and stands out for its cost-effective lifestyle. With an overall cost of living that is 21% cheaper than the Illinois average, overall goods and services, housing, utilities, transportation and health care costs fall within a reasonable range. Median household income levels are steady and come in at , which helps to increase the purchasing power of the local residents.
East St. Louis Population: 26,359 20% cheaper than Illinois average
Med. Home Value: $53,900 Med. Rent: $482 Med. Household Inc.: $24,009
East St. Louis lands in the #3 spot for the cheapest cities to live in Illinois, with a cost of living that is 20% cheaper than the state average. With home prices averaging and rental rates coming in around , it helps that household income levels average about , which assists with paying the mortgage or your monthly rent. Its robust public school system and accessible health care further enhance its appeal, making it a great place to settle down. The strong community spirit and ample recreational opportunities add to its charm.
Mattoon Population: 17,273 20% cheaper than Illinois average
Med. Home Value: $84,400 Med. Rent: $627 Med. Household Inc.: $40,576
The cost of everyday grocery items, goods & services and of course housing, can have a significant impact on the overall cost of living in any area. Mattoon offers a picturesque and affordable living environment, with a cost of living that is 20% cheaper than the state average. Everyday items like ground beef , eggs , coffee and pizza are all fairly reasonable compared to most other cities, which helps reduce those grocery bills. Home prices are also fairly affordable (compared to the state average), coming in at around .
Clinton Population: 6,982 20% cheaper than Illinois average
Med. Home Value: $81,600 Med. Rent: $693 Med. Household Inc.: $46,741
For those wanting to live well on a budget, Clinton is ideal, with a cost of living that is 20% cheaper than the state average. Reasonable housing prices (compared to the Illinois average) of and rental prices of are paired with economical goods and services and a range of free or low-cost recreational activities. The city's proactive economic development initiatives also ensure a steady stream of job opportunities, making it a smart choice for those prioritizing financial ease.
Decatur Population: 71,857 20% cheaper than Illinois average
Med. Home Value: $85,500 Med. Rent: $688 Med. Household Inc.: $45,404
Decatur comes in at #6 on our list of the cheapest cities in Illinois and is a haven for those seeking affordability without sacrificing convenience. The city is known for its discount shopping centers and budget-friendly dining options and has a cost of living that is 20% cheaper than Illinois. The city's local markets provide fresh produce and other groceries at reduced prices, while parks and community centers offer free entertainment and leisure. This city is perfect for enjoying a high quality of life at a low cost.
Pinckneyville Population: 5,391 18% cheaper than Illinois average
Med. Home Value: $72,800 Med. Rent: $488 Med. Household Inc.: $29,942
With its cost-effective lifestyle, Pinckneyville is an attractive destination for those looking to live affordably. The city boasts suitable housing costs, affordable healthcare, and a variety of budget-friendly dining options. The community is welcoming and vibrant, providing residents with a rich social life at a fraction of the cost. Median income levels come in at , which provides financial stability, purchasing power and increases the quality of life in the city.
Kewanee Population: 12,622 18% cheaper than Illinois average
Med. Home Value: $59,000 Med. Rent: $647 Med. Household Inc.: $40,196
A lower cost of living allows individuals to manage their expenses more effectively, reducing the risk of financial stress and debt. When essential costs such as housing, food, transportation, and healthcare are more affordable, people can achieve greater financial stability and resilience. Kewanee fits that mold and has a cost of living that is 18% cheaper than Illinois.
Freeport Population: 23,930 17% cheaper than Illinois average
Med. Home Value: $67,500 Med. Rent: $669 Med. Household Inc.: $39,787
Lower living costs can lead to a higher quality of life by making it easier for people to afford comfortable housing, nutritious food, and access to healthcare. It can also provide opportunities for better education, recreational activities, and community engagement, contributing to overall well-being. Freeport is one of the most affordable cities in Illinois, and has a cost of living that is 17% cheaper than the state average.
Beardstown Population: 5,504 17% cheaper than Illinois average
Med. Home Value: $71,000 Med. Rent: $617 Med. Household Inc.: $43,425
With a cost of living that is 17% cheaper than Illinois, Beardstown comes in at #10 on our list of the cheapest places to live in Illinois. Financial stress is a significant factor affecting mental and physical health. By lowering the cost of living, individuals can experience reduced anxiety related to meeting monthly expenses, thereby improving overall health and well-being. The ability to afford basic necessities without constant worry contributes to a more balanced and fulfilling life.

Full list of the cheapest places in Illinois

Rank Location Population COL Index Med. Home Value Med. Household Inc. 
1 Pana 5,338 76 $74,800 $47,701
2 Vandalia 6,615 76 $81,900 $35,862
3 East St. Louis 26,359 77 $53,900 $24,009
4 Mattoon 17,273 77 $84,400 $40,576
5 Clinton 6,982 77 $81,600 $46,741
6 Decatur 71,857 77 $85,500 $45,404
7 Pinckneyville 5,391 79 $72,800 $29,942
8 Kewanee 12,622 79 $59,000 $40,196
9 Freeport 23,930 80 $67,500 $39,787
10 Beardstown 5,504 80 $71,000 $43,425
11 Murphysboro 7,727 80 $69,900 $37,929
12 Du Quoin 5,723 80 $72,600 $41,756
13 Rock Falls 8,914 80 $71,600 $44,264
14 Cahokia 14,035 80 $49,400 $30,299
15 Centralia 12,354 80 $75,600 $39,117
16 Salem 6,988 81 $78,900 $48,022
17 Litchfield 6,626 81 $87,400 $45,772
18 Hoopeston 5,178 81 $57,600 $36,484
19 Creve Coeur 5,074 81 $76,800 $46,250
20 East Alton 6,021 82 $79,700 $52,773
21 Mount Vernon 14,769 82 $79,000 $42,194
22 Greenville 6,725 82 $97,700 $40,625
23 Granite City 28,563 82 $83,100 $53,545
24 Dixon 15,544 82 $93,500 $46,479
25 Danville 30,969 82 $67,200 $37,328
26 Sterling 14,774 82 $89,900 $46,491
27 Taylorville 10,766 82 $90,100 $41,397
28 Hillsboro 6,177 82 $89,400 $61,293
29 Alton 26,490 83 $80,400 $43,291
30 Chester 8,264 83 $96,800 $51,830
31 Effingham 12,310 83 $136,300 $52,551
32 West Frankfort 7,597 83 $64,100 $30,938
33 Lincoln 13,742 83 $93,900 $48,510
34 Wood River 10,149 83 $86,400 $50,047
35 Canton 13,600 83 $100,300 $46,362
36 Peoria Heights 5,825 84 $86,000 $45,921
37 Spring Valley 5,172 84 $102,100 $50,549
38 Rockford 147,441 84 $95,200 $44,771
39 Monmouth 8,837 84 $79,200 $50,740
40 Mount Zion 5,707 84 $142,300 $79,154
41 Galesburg 30,405 84 $76,400 $37,322
42 Jacksonville 18,784 84 $106,400 $46,500
43 Kankakee 25,818 84 $87,000 $38,763
44 Park City 7,636 84 $23,200 $50,860
45 Jerseyville 7,860 84 $109,300 $57,967
46 Harrisburg 8,578 84 $72,900 $34,335
47 Mendota 6,927 84 $107,200 $58,974
48 Pekin 32,796 85 $104,000 $50,552
49 Belleville 41,256 85 $97,500 $52,843
50 Olney 8,872 85 $82,100 $49,650

Methodology

To formulate the list of the cheapest places to live in Illinois, AreaVibes utilized comprehensive data from the Council for Community and Economic Research (C2ER) cost of living index. The report is released annually and offers a detailed comparison of living expenses across various urban areas. The data is meticulously gathered by over 300 independent researchers, ensuring a high level of accuracy and reliability. The C2ER index encompasses more than 60 goods and services, categorized into six essential areas that significantly impact the cost of living. These categories and their respective weightings in the index are as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%), and utilities (10%).

Map of Cost of Living by State

  • Well Below nat. avg.
  • Below nat. avg.
  • Similar to nat. avg.
  • Above nat. avg.
  • Well above nat. avg.

The map above is a great way to help you discover the most affordable states across the U.S. By highlighting states with the lowest cost of living, this map provides an in-depth look at where you can get the most value for your money. By visually representing this data, the map allows users to easily compare different regions and make informed decisions about potential relocations or investments. Additionally, it provides valuable insights into the economic conditions and lifestyle factors that influence these cost of living statistics. Whether you're planning a move, considering a new job, or simply curious about the economic landscape, this map is a useful resource for understanding and navigating the financial implications of living in different states.