Cost of Living in Norris City, IL

With a cost of living index of 57, Norris City, IL is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 23% below the Illinois state average of 80. Norris City is a small community of 1,613 residents.

Housing costs are the biggest factor in Norris City's cost of living. The median monthly rent is $550 (58% below the US median of $1,319), and the median home value sits at $80,800 (73% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Norris City is $37,778, which is 50% lower than the national median of $75,149. Residents spend roughly 17% 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 Norris City. The area sees an average annual temperature of 57.2°F, with summers averaging 77°F and winters around 36°F. Annual rainfall totals 47.9 inches spread over roughly 118 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.