Illinois vs Indiana: Cost of Living
Side-by-side comparison · 2023 Census ACS & Tax Foundation data
Illinois
- Median Home
- $250,500
- Median Rent
- $1,227/mo
- Median Income
- $81,702
- Income Tax
- 5.0%
Indiana
- Median Home
- $201,600
- Median Rent
- $1,020/mo
- Median Income
- $70,051
- Income Tax
- 3.0%
| Category | Illinois | Indiana |
|---|---|---|
| Median Home Value | $250,500 | $201,600 |
| Median Gross Rent | $1,227/mo | $1,020/mo |
| Median Household Income | $81,702 | $70,051 |
| Per Capita Income | $45,104 | $37,178 |
| Unemployment Rate | 5.8% | 4.3% |
| Poverty Rate | 11.7% | 12.2% |
| Avg Commute | 28.4 min | 27.1 min |
| Taxes | ||
| State Income Tax (top rate) | 5.0% | 3.0% |
| Total Sales Tax | 8.7% | 7.0% |
| Property Tax Rate | 2.2% | 0.8% |
Green = better value for that metric. Data from 2023 Census ACS 5-Year Estimates and Tax Foundation.
Frequently Asked Questions
Is Illinois or Indiana cheaper to live in?
Based on median home values, Indiana is more affordable. Illinois's median home value is $250,500 vs Indiana's $201,600. However, income levels also matter — Illinois's median household income is $81,702 while Indiana's is $70,051.
Does Illinois or Indiana have lower income taxes?
Indiana has a lower top state income tax rate. Illinois: 5.0%, Indiana: 3.0%.
What is the difference in cost of living between Illinois and Indiana?
Median home values differ by $48,900. Median rents differ by $207/mo. Median incomes: Illinois $81,702, Indiana $70,051.