Cost of Living in Bureau Junction, IL
Population: 279 | Illinois
Bureau Junction is 7% less expensive than the national average.
Cost of Living in Bureau Junction, IL: What You Need to Know
With a cost of living index of 93, Bureau Junction, IL is slightly more affordable than average. Living here is 7% cheaper than the national average and 13% above the Illinois state average of 80. Bureau Junction is a small community of 279 residents.
Housing costs are the biggest factor in Bureau Junction's cost of living. The median monthly rent is $1,821 (38% above the US median of $1,319), and the median home value sits at $53,700 (82% below the national median of $304,900). At current prices, the median home costs roughly 1x the median household income — well within traditional affordability guidelines.
The median household income in Bureau Junction is $54,063, which is 28% lower than the national median of $75,149. Residents spend roughly 40% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $54,063
- vs US Median ($75,149)
- -28%
Housing
- Median Rent
- $1,821/mo
- Median Home Value
- $53,700
- Median Monthly Housing Cost
- $692/mo