CostByCity

Cost of Living in Rockford, IL

2024 data from the Bureau of Economic Analysis

Cost Index
92.2
7.8% below avg
Housing Index
70.1
Median Income
$63,834
Median Rent
$941/mo

Cost Breakdown

Overall92.2 (-7.8%)
Housing70.1 (-29.9%)
Goods93.6 (-6.4%)
Utilities89.4 (-10.6%)
Other Services99.6 (-0.4%)

National average = 100

Income & Housing

Median Household Income
$63,834/year
Median Home Value
$152,800
Median Monthly Rent
$941/mo
Per Capita Income
$34,040/year

Compare Rockford, IL With

Rockford, IL vs Tyler, TXRockford, IL vs Memphis, TNRockford, IL vs Twin Falls, ID *Rockford, IL vs Jacksonville, NCRockford, IL vs Winston, NCRockford, IL vs Fayetteville, NCRockford, IL vs Williamsport, PARockford, IL vs Niles, MIRockford, IL vs Bay City, MIRockford, IL vs Midland, MI

Frequently Asked Questions

Is Rockford, IL expensive to live in?
Rockford, IL has a cost of living index of 92.2, which is 7.8% below the national average.
How much does housing cost in Rockford, IL?
Housing costs in Rockford, IL are indexed at 70.1 compared to the national average of 100. The median monthly rent is $941.
What is the average income in Rockford, IL?
The median household income in Rockford, IL is $63,834 per year.
What is the average home price in Rockford, IL?
The median home value in Rockford, IL is $152,800.