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Cost of Living in Hoyleton, IL

Population: 472 | Illinois

68
Cost of Living Index
US Average = 100

Hoyleton is 32% less expensive than the national average.

64
Housing
34
Home Values
96
Regional Price

Cost of Living in Hoyleton, IL: What You Need to Know

With a cost of living index of 68, Hoyleton, IL is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 12% below the Illinois state average of 80. Hoyleton is a small community of 472 residents.

Housing costs are the biggest factor in Hoyleton's cost of living. The median monthly rent is $850 (36% below the US median of $1,319), and the median home value sits at $103,500 (66% below the national median of $304,900). At current prices, the median home costs roughly 1.4x the median household income — well within traditional affordability guidelines.

The median household income in Hoyleton is $71,875, which is 4% lower than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Hoyleton. The area sees an average annual temperature of 57.7°F, with summers averaging 77°F and winters around 36°F. Annual rainfall totals 43.4 inches spread over roughly 100 days.

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
$71,875
vs US Median ($75,149)
-4%

Housing

Median Rent
$850/mo
Median Home Value
$103,500
Median Monthly Housing Cost
$861/mo

Climate in Hoyleton

NOAA 30-year normals (1991-2020)

57.7°F
Avg Temperature
43.4"
Rainfall / Year
100d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 43 49 59 71 79 87 90 89 83 73 58 46
Avg °F 34 38 48 58 68 76 79 77 70 60 48 37
Low °F 24 28 36 46 56 65 68 65 57 47 37 28
Rain" 2.6 2.2 3.4 4.9 5.1 4.6 4.0 3.9 3.4 3.1 3.6 2.6

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