Freeport, IL Cost Of Living
Cost Of Living In Freeport, IL Summary
Cost of living in Freeport research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Freeport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Freeport is 84, with 100 being the average.
The cost of living index in Freeport is 0.8x lower than the national average.
Freeport ranks as the #44 cheapest in Illinois out of 338.
Freeport ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Freeport is $71,000.
The median income in Freeport is $41,831.
Table Of Contents
Freeport's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Freeport, IL?
According to the most recent data on the cost of living, Freeport has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Illinois, Freeport has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Freeport ranks as #44 most affordable out of the 338 places we measured in Illinois. By definition, that implies Freeport ranks as the #294 most expensive place in the Prairie State.
For more reading on life in Freeport, check out:
- Living In Freeport
- Freeport Crime Report
- Search Homes For Sale In Freeport, IL
In Illinois
In America
Freeport Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Freeport. Here is how it fairs on each of the criteria:
The Services index in Freeport is 98.
The Groceries index in Freeport is 94.
The Health index in Freeport is 110.
The Housing index in Freeport is 49.
The Transportation index in Freeport is 105.
The Utilities index in Freeport is 89.
| Living Expense | Freeport | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 84 | 92 | 100 | |
| Services | 98 | 95 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 110 | 96 | 100 | |
| Housing | 49 | 81 | 100 | |
| Transportation | 105 | 105 | 100 | |
| Utilities | 89 | 90 | 100 | |
Freeport, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Freeport is $71,000.
The Median Rent in Freeport is $692.
The Median Income in Freeport is $41,831.
The Home Value To Income in Freeport is 1.7x.
The Rent To Monthly Income in Freeport is 0.2x.
| Statistic | Freeport | Illinois | United States |
|---|---|---|---|
| Median Home Value | $71,000 | $212,600 | $244,900 |
| Median Rent | $692 | $1,097 | $1,163 |
| Median Income | $41,831 | $72,563 | $69,021 |
| Home Value To Income | 1.7x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Freeport, IL Costs By Category
Detailed Freeport Services Costs Vs. Illinois
Detailed Freeport Groceries Costs Vs. Illinois
Detailed Freeport Health Costs Vs. Illinois
Detailed Freeport Transportation Costs Vs. Illinois
Detailed Freeport Utilities Costs Vs. Illinois
Freeport SnackAbility
/10
Cost Of Living In Cities Around Freeport
The cost of living varies in the cities and towns around Freeport. Here's a quick look at the cost of living in the most populous nearby places:
Dixon, IL has a cost of living index of 85, 1.0x Freeport.
Sterling, IL has a cost of living index of 84, 1.0x Freeport.
Verona, WI has a cost of living index of 116, 1.4x Freeport.
| City | Population | Cost Of Living | Vs. Freeport |
|---|---|---|---|
| Dixon, IL | 15,855 | 85 | 1.0x |
| Sterling, IL | 14,919 | 84 | 1.0x |
| Verona, WI | 13,798 | 116 | 1.4x |
| Stoughton, WI | 13,158 | 101 | 1.2x |
| Oregon, WI | 11,100 | 110 | 1.3x |
| Roscoe, IL | 11,092 | 97 | 1.2x |
| Rock Falls, IL | 8,807 | 81 | 1.0x |
| Rockton, IL | 8,051 | 94 | 1.1x |
| Mount Horeb, WI | 7,727 | 110 | 1.3x |
