Cost of Living in Kenney, IL

With a cost of living index of 61, Kenney, IL is one of the most affordable cities in the country. Living here is 39% cheaper than the national average and 18% below the Illinois state average of 80. Kenney is a small community of 349 residents.

Housing costs are the biggest factor in Kenney's cost of living. The median monthly rent is $817 (38% below the US median of $1,319), and the median home value sits at $76,700 (75% 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 Kenney is $75,313, which is 0% higher 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.

Climate is another factor for anyone considering a move to Kenney. The area sees an average annual temperature of 53.1°F, with summers averaging 74°F and winters around 30°F. Annual rainfall totals 36.4 inches spread over roughly 118 days.

Everyday prices in the Decatur, IL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.