Cost of Living in Monroe County, IL

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

Median Income

$100,685

Median Rent

$956/mo

Median Home

$254,100

Affordability

481

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,285
Property Tax$375
Insurance$85

Total Monthly$1,745
% of Income20.8%

Renting

Median Rent$956
Renter's Insurance$25

Total Monthly$981
% of Income11.4%

Living in Monroe County, Illinois

Monroe County has a median household income of $100,685 with housing costs that represent 20.8% of income for owners and 11.4% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 481 (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.