Cost of Living in Bourbonnais, IL

Population 18,109 · Illinois · Data vintage 2023

82
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bourbonnais is a smaller Illinois community of around 18000 residents, where median household incomes of $81,017 and housing costs ($243,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Bourbonnais is about 25 miles southeast of Joliet, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Joliet's $249,000 median.

Cost Overview

Housing 80
Rent 86

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bourbonnais

The median home value in Bourbonnais is $242,600 — 20% below the national median of $305,000. Median rent runs $1,132/month, 14% lower than the national median of $1,314/month. The median household income of $81,017/year is 9% higher than the US median of $74,580. The local unemployment rate is 6.0%, 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, Bourbonnais has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.

🏠 Housing

Median Home Value
$242,600
20% below avg
Zillow Home Value
$290,004
Zillow ZHVI
Median Rent
$1,132/mo
14% below avg
Zillow Rent
$1,506/mo
Zillow ZORI
Price-to-Rent Ratio
17.9x
Favors buying
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 70.2%
Renter-occupied 29.8%

💰 Estimated Monthly Budget

Rent median rent
$1,132
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,746/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.7 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.8%

Commute Mode

Drove alone
79.1%
Carpooled
6.6%
Public transit
0.9%
Walked
4.7%
Work from home
6.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$81,017
9% above avg
Per Capita Income
$34,742
Unemployment Rate
6.0%
25% above avg
Poverty Rate
9.7%
Labor Force Participation
61.6%

🎓 Education

Bachelor's degree+ 20.0%
Graduate degree 13.0%

👥 Demographics

Median Age 34.6
Male median age 35.7
Female median age 33.3

Frequently Asked Questions

What is the cost of living in Bourbonnais, IL?

Bourbonnais has a cost index of 82 (100 = national average). It is 18% below the national average.

What is average rent in Bourbonnais, IL?

The median gross rent in Bourbonnais is $1,132 per month based on 2023 Census data.

What is the average home price in Bourbonnais?

The median home value in Bourbonnais is $242,600 according to Zillow and Census data.

What is the median income in Bourbonnais?

The median household income in Bourbonnais is $81,017 per year (2023 ACS 5-year estimates).

What is the sales tax in Bourbonnais, IL?

The combined state and local sales tax rate in Bourbonnais is 8.7%. The Illinois state income tax top rate is 5.0%.

Is Bourbonnais, IL affordable?

Yes, Bourbonnais is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.

Bourbonnais at a Glance

Population
18,109
Median Income
$81,017
Home Value
$242,600
Median Rent
$1,132/mo
Unemployment
6.0%
Sales Tax
8.7%
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