Cost of Living Analytics

Cost of Living / Springfield, IL Metro

Cost of Living in Springfield, IL Metro

Official metro name: Springfield, IL Metro Area

Springfield, IL Metro has a population of 208,406. Median household income is $72,445 and median rent is $921 per month. Rent is roughly 15.3% of median monthly income.

State: ILPopulation: 208,406Income: $72,445Rent: $921Affordability: Affordable (15.3%)
Median Household Income
$72,445
Annual (ACS median)
Median Rent
$921
Monthly (ACS median gross rent)
Rent as % of Income
15.3%
rent ÷ (income/12)
Cost Index
97
Simplified relative index

Is Springfield, IL Metro expensive?

Based on median rent and income, Springfield, IL Metro has a Affordable rent burden. Median rent is $921, which is about 15.3% of median monthly household income.

Average rent in Springfield, IL Metro

Median rent (ACS) is $921 per month. (Neighborhoods vary widely.)

How much income do you need in Springfield, IL Metro?

Median household income (ACS) is $72,445 per year. Housing costs take a bigger share of income when rent burden is high.

Other metros in IL

Compare Springfield, IL Metro with nearby metros:

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.