Cost of Living in Beardstown, IL
Population 6,047 · Illinois · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Beardstown a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $81,000. Unemployment has stayed elevated relative to the national figure — 6.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Beardstown is about 45 miles west of Springfield, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 48% lower than Springfield's $155,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Beardstown
The median home value in Beardstown is $80,800 — 74% below the national median of $305,000. Median rent runs $769/month, 41% lower than the national median of $1,314/month. The median household income of $58,765/year is 21% lower than the US median of $74,580. The local unemployment rate is 6.6%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Beardstown has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.
Beardstown has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Beardstown, IL?
Beardstown has a cost index of 39 (100 = national average). It is 61% below the national average.
What is average rent in Beardstown, IL?
The median gross rent in Beardstown is $769 per month based on 2023 Census data.
What is the average home price in Beardstown?
The median home value in Beardstown is $80,800 according to Zillow and Census data.
What is the median income in Beardstown?
The median household income in Beardstown is $58,765 per year (2023 ACS 5-year estimates).
What is the sales tax in Beardstown, IL?
The combined state and local sales tax rate in Beardstown is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Beardstown, IL affordable?
Yes, Beardstown is generally considered affordable, with a cost of living index of 39 — about 61% below the US national average of 100.
Beardstown at a Glance
- Population
- 6,047
- Median Income
- $58,765
- Home Value
- $80,800
- Median Rent
- $769/mo
- Unemployment
- 6.6%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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