Cost of Living in Monee, IL

With a cost of living index of 94, Monee, IL is slightly more affordable than average. Living here is 6% cheaper than the national average and 15% above the Illinois state average of 80. Monee is a smaller community of 5,104 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in Monee is $89,571, which is 19% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Monee. The area sees an average annual temperature of 52.1°F, with summers averaging 74°F and winters around 29°F. Annual rainfall totals 34.4 inches spread over roughly 121 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher 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.