Cost of Living in Crab Orchard, IL
Population: 359 | Illinois
Crab Orchard is 16% less expensive than the national average.
Cost of Living in Crab Orchard, IL: What You Need to Know
With a cost of living index of 84, Crab Orchard, IL is a very affordable place to live. Living here is 16% cheaper than the national average and 4% above the Illinois state average of 80. Crab Orchard is a small community of 359 residents.
Housing costs are the biggest factor in Crab Orchard's cost of living. The median monthly rent is $1,400 (6% above the US median of $1,319), and the median home value sits at $97,900 (68% below the national median of $304,900). At current prices, the median home costs roughly 0.9x the median household income — well within traditional affordability guidelines.
The median household income in Crab Orchard is $110,125, which is 47% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
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
- $110,125
- vs US Median ($75,149)
- +47%
Housing
- Median Rent
- $1,400/mo
- Median Home Value
- $97,900
- Median Monthly Housing Cost
- $1,069/mo