Galesburg, IL Cost Of Living
Cost Of Living In Galesburg, IL Summary
Cost of living in Galesburg 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 Galesburg 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 Galesburg is 81, with 100 being the average.
The cost of living index in Galesburg is 0.8x lower than the national average.
Galesburg ranks as the #22 cheapest in Illinois out of 338.
Galesburg ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Galesburg is $77,700.
The median income in Galesburg is $39,115.
Table Of Contents
Galesburg's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Galesburg, IL?
According to the most recent data on the cost of living, Galesburg has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Illinois, Galesburg has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Galesburg ranks as #22 most affordable out of the 338 places we measured in Illinois. By definition, that implies Galesburg ranks as the #316 most expensive place in the Prairie State.
For more reading on life in Galesburg, check out:
- Living In Galesburg
- Galesburg Crime Report
- Search Homes For Sale In Galesburg, IL
In Illinois
In America
Galesburg Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Galesburg. Here is how it fairs on each of the criteria:
The Services index in Galesburg is 90.
The Groceries index in Galesburg is 94.
The Health index in Galesburg is 100.
The Housing index in Galesburg is 45.
The Transportation index in Galesburg is 95.
The Utilities index in Galesburg is 110.
| Living Expense | Galesburg | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 81 | 92 | 100 | |
| Services | 90 | 95 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 45 | 81 | 100 | |
| Transportation | 95 | 105 | 100 | |
| Utilities | 110 | 90 | 100 | |
Galesburg, 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 Galesburg is $77,700.
The Median Rent in Galesburg is $613.
The Median Income in Galesburg is $39,115.
The Home Value To Income in Galesburg is 2.0x.
The Rent To Monthly Income in Galesburg is 0.19x.
| Statistic | Galesburg | Illinois | United States |
|---|---|---|---|
| Median Home Value | $77,700 | $212,600 | $244,900 |
| Median Rent | $613 | $1,097 | $1,163 |
| Median Income | $39,115 | $72,563 | $69,021 |
| Home Value To Income | 2.0x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Galesburg, IL Costs By Category
Detailed Galesburg Services Costs Vs. Illinois
Detailed Galesburg Groceries Costs Vs. Illinois
Detailed Galesburg Health Costs Vs. Illinois
Detailed Galesburg Transportation Costs Vs. Illinois
Detailed Galesburg Utilities Costs Vs. Illinois
Galesburg SnackAbility
/10
Cost Of Living In Cities Around Galesburg
The cost of living varies in the cities and towns around Galesburg. Here's a quick look at the cost of living in the most populous nearby places:
Moline, IL has a cost of living index of 90, 1.1x Galesburg.
Rock Island, IL has a cost of living index of 85, 1.0x Galesburg.
East Peoria, IL has a cost of living index of 87, 1.1x Galesburg.
| City | Population | Cost Of Living | Vs. Galesburg |
|---|---|---|---|
| Moline, IL | 42,660 | 90 | 1.1x |
| Rock Island, IL | 37,519 | 85 | 1.0x |
| East Peoria, IL | 22,707 | 87 | 1.1x |
| East Moline, IL | 21,181 | 88 | 1.1x |
| Macomb, IL | 15,681 | 84 | 1.0x |
| Monmouth, IL | 8,810 | 80 | 1.0x |
| Silvis, IL | 7,942 | 87 | 1.1x |
| Geneseo, IL | 6,774 | 89 | 1.1x |
| Chillicothe, IL | 6,272 | 88 | 1.1x |
| Colona, IL | 5,339 | 87 | 1.1x |
