Cost of Living in Jacksonville, IL

With a cost of living index of 65, Jacksonville, IL is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 14% below the Illinois state average of 80. Jacksonville is a smaller community of 17,490 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Jacksonville's cost of living. The median monthly rent is $703 (47% below the US median of $1,319), and the median home value sits at $128,300 (58% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Jacksonville is $62,615, which is 17% lower than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Jacksonville. The area sees an average annual temperature of 54°F, with summers averaging 75°F and winters around 31°F. Annual rainfall totals 38 inches spread over roughly 115 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.