Cost of living in Rockton 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 Rockton 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 Rockton is 94, with 100 being the average.
The cost of living index in Rockton is 0.9x lower than the national average.
Rockton ranks as the #120 cheapest in Illinois out of 338.
Rockton ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Rockton is $189,900.
The median income in Rockton is $103,397.
According to the most recent data on the cost of living, Rockton has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Illinois, Rockton has a cost of living index that's 1.0x higher than Illinois's index of 92.
The standard of living in Rockton ranks as #120 most affordable out of the 338 places we measured in Illinois. By definition, that implies Rockton ranks as the #218 most expensive place in the Prairie State.
For more reading on life in Rockton, check out:
Six factors go into calculating the cost of living index in Rockton. Here is how it fairs on each of the criteria:
The Services index in Rockton is 97.
The Groceries index in Rockton is 93.
The Health index in Rockton is 108.
The Housing index in Rockton is 82.
The Transportation index in Rockton is 104.
The Utilities index in Rockton is 90.
Living Expense | Rockton | Illinois | National Average | |
---|---|---|---|---|
Overall | 94 | 92 | 100 | |
Services | 97 | 95 | 100 | |
Groceries | 93 | 98 | 100 | |
Health | 108 | 96 | 100 | |
Housing | 82 | 81 | 100 | |
Transportation | 104 | 105 | 100 | |
Utilities | 90 | 90 | 100 |
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 Rockton is $189,900.
The Median Rent in Rockton is $717.
The Median Income in Rockton is $103,397.
The Home Value To Income in Rockton is 1.8x.
The Rent To Monthly Income in Rockton is 0.08x.
Statistic | Rockton | Illinois | United States |
---|---|---|---|
Median Home Value | $189,900 | $212,600 | $244,900 |
Median Rent | $717 | $1,097 | $1,163 |
Median Income | $103,397 | $72,563 | $69,021 |
Home Value To Income | 1.8x | 2.9x | 3.5x |
Rent To Monthly Income | 0.08x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Rockton. Here's a quick look at the cost of living in the most populous nearby places:
Rockford, IL has a cost of living index of 86, 0.9x Rockton.
Janesville, WI has a cost of living index of 91, 1.0x Rockton.
Beloit, WI has a cost of living index of 85, 0.9x Rockton.
City | Population | Cost Of Living | Vs. Rockton |
---|---|---|---|
Rockford, IL | 148,942 | 86 | 0.9x |
Janesville, WI | 65,506 | 91 | 1.0x |
Beloit, WI | 36,567 | 85 | 0.9x |
Belvidere, IL | 25,179 | 84 | 0.9x |
Loves Park, IL | 23,223 | 86 | 0.9x |
Machesney Park, IL | 22,870 | 88 | 0.9x |
Roscoe, IL | 11,092 | 97 | 1.0x |
South Beloit, IL | 7,943 | 86 | 0.9x |
Candlewick Lake, IL | 5,154 | 93 | 1.0x |