Cost of Living in Decatur, IL
2024 data from the Bureau of Economic Analysis
Cost Index
88.4
11.6% below avg
Housing Index
56.2
Median Income
$59,622
Median Rent
$774/mo
Cost Breakdown
Overall88.4 (-11.6%)
Housing56.2 (-43.8%)
Goods93.6 (-6.4%)
Utilities91.1 (-8.9%)
Other Services99.6 (-0.4%)
National average = 100
Income & Housing
Median Household Income
$59,622/year
Median Home Value
$119,800
Median Monthly Rent
$774/mo
Per Capita Income
$34,644/year
Compare Decatur, IL With
Frequently Asked Questions
Is Decatur, IL expensive to live in?
Decatur, IL has a cost of living index of 88.4, which is 11.6% below the national average.
How much does housing cost in Decatur, IL?
Housing costs in Decatur, IL are indexed at 56.2 compared to the national average of 100. The median monthly rent is $774.
What is the average income in Decatur, IL?
The median household income in Decatur, IL is $59,622 per year.
What is the average home price in Decatur, IL?
The median home value in Decatur, IL is $119,800.