Cost of Living in Rankin, IL
Population: 560 | Illinois
58
Cost of Living Index
US Average = 100
Rankin is 42% less expensive than the national average.
54
Housing
19
Home Values
91
Regional Price
Income
- Median Household Income
- $47,125
- vs US Median ($75,149)
- -37%
Housing
- Median Rent
- $718/mo
- Median Home Value
- $57,700
- Median Monthly Housing Cost
- $702/mo
Everyday Prices in Rankin
BLS Average Prices for the Champaign-Urbana, IL (Metropolitan Statistical Area) area
⛽
$2.85
Gasoline (regular)
per gallon
-7% vs US
🥚
$2.33
Eggs (grade A, large)
per dozen
-7% vs US
🥛
$3.75
Milk (whole)
per gallon
-7% vs US
🍞
$1.72
Bread (white)
per lb
-7% vs US
🍗
$3.86
Chicken breast
per lb
-7% vs US
⚡
$0.17
Electricity
per kWh
-11% vs US
Climate in Rankin
NOAA 30-year normals (1991-2020)
52.3°F
Avg Temperature
40.4"
Rainfall / Year
102d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 34 | 40 | 51 | 64 | 75 | 85 | 88 | 86 | 81 | 67 | 52 | 40 |
| Avg °F | 25 | 30 | 40 | 52 | 63 | 73 | 76 | 74 | 68 | 55 | 42 | 31 |
| Low °F | 16 | 20 | 29 | 40 | 51 | 62 | 64 | 62 | 54 | 42 | 31 | 22 |
| Rain" | 2.5 | 2.0 | 2.6 | 4.0 | 4.3 | 4.6 | 4.4 | 3.9 | 3.3 | 3.3 | 3.2 | 2.2 |