Cost of Living in North City, IL

With a cost of living index of 76, North City, IL is a very affordable place to live. Living here is 24% cheaper than the national average and 4% below the Illinois state average of 80. North City is a small community of 708 residents.

Housing costs are the biggest factor in North City's cost of living. The median monthly rent is $1,106 (16% below the US median of $1,319), and the median home value sits at $107,400 (65% 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 North City is $50,469, which is 33% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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 North City. The area sees an average annual temperature of 56.4°F, with summers averaging 76°F and winters around 36°F. Annual rainfall totals 44 inches spread over roughly 130 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.