Geneseo, IL Cost Of Living
Cost Of Living In Geneseo, IL Summary
Cost of living in Geneseo 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 Geneseo 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 Geneseo is 89, with 100 being the average.
The cost of living index in Geneseo is 0.9x lower than the national average.
Geneseo ranks as the #90 cheapest in Illinois out of 338.
Geneseo ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Geneseo is $164,000.
The median income in Geneseo is $59,327.
Table Of Contents
Geneseo's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Geneseo, IL?
According to the most recent data on the cost of living, Geneseo has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Illinois, Geneseo has a cost of living index that's 1.0x lower than Illinois's index of 92.
The standard of living in Geneseo ranks as #90 most affordable out of the 338 places we measured in Illinois. By definition, that implies Geneseo ranks as the #248 most expensive place in the Prairie State.
For more reading on life in Geneseo, check out:
- Living In Geneseo
- Search Homes For Sale In Geneseo, IL
In Illinois
In America
Geneseo Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Geneseo. Here is how it fairs on each of the criteria:
The Services index in Geneseo is 96.
The Groceries index in Geneseo is 104.
The Health index in Geneseo is 108.
The Housing index in Geneseo is 74.
The Transportation index in Geneseo is 105.
The Utilities index in Geneseo is 92.
| Living Expense | Geneseo | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 89 | 92 | 100 | |
| Services | 96 | 95 | 100 | |
| Groceries | 104 | 98 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 74 | 81 | 100 | |
| Transportation | 105 | 105 | 100 | |
| Utilities | 92 | 90 | 100 | |
Geneseo, 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 Geneseo is $164,000.
The Median Rent in Geneseo is $863.
The Median Income in Geneseo is $59,327.
The Home Value To Income in Geneseo is 2.8x.
The Rent To Monthly Income in Geneseo is 0.17x.
| Statistic | Geneseo | Illinois | United States |
|---|---|---|---|
| Median Home Value | $164,000 | $212,600 | $244,900 |
| Median Rent | $863 | $1,097 | $1,163 |
| Median Income | $59,327 | $72,563 | $69,021 |
| Home Value To Income | 2.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Geneseo, IL Costs By Category
Detailed Geneseo Services Costs Vs. Illinois
Detailed Geneseo Groceries Costs Vs. Illinois
Detailed Geneseo Health Costs Vs. Illinois
Detailed Geneseo Transportation Costs Vs. Illinois
Detailed Geneseo Utilities Costs Vs. Illinois
Geneseo SnackAbility
/10
Cost Of Living In Cities Around Geneseo
The cost of living varies in the cities and towns around Geneseo. 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, 1.0x Geneseo.
Bettendorf, IA has a cost of living index of 97, 1.1x Geneseo.
East Moline, IL has a cost of living index of 88, 1.0x Geneseo.
| City | Population | Cost Of Living | Vs. Geneseo |
|---|---|---|---|
| Moline, IL | 42,660 | 90 | 1.0x |
| Bettendorf, IA | 38,631 | 97 | 1.1x |
| East Moline, IL | 21,181 | 88 | 1.0x |
| Kewanee, IL | 12,485 | 79 | 0.9x |
| Silvis, IL | 7,942 | 87 | 1.0x |
| Colona, IL | 5,339 | 87 | 1.0x |
