Cost of Living in McDonough County, IL

What does it cost to live in McDonough County? Income, housing, and affordability breakdown.

Median Income

$48,904

Median Rent

$688/mo

Median Home

$100,400

Affordability

567

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$508
Property Tax$178
Insurance$33

Total Monthly$719
% of Income17.6%

Renting

Median Rent$688
Renter's Insurance$25

Total Monthly$713
% of Income16.9%

Living in McDonough County, Illinois

McDonough County has a median household income of $48,904 with housing costs that represent 17.6% of income for owners and 16.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 567 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Illinois

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.