Cost of Living in Byron, IL
Population 3,742 · Illinois · Data vintage 2023
(100 = US avg)
Housing costs in Byron stay well under national norms: a median home value of $183,000 against median household incomes of $78,235 gives the city one of the more comfortable price-to-income ratios in Illinois.
Byron sits roughly 14 miles southwest of Rockford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 51% higher than Rockford's $121,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Byron
The median home value in Byron is $182,600 — 40% below the national median of $305,000. Median rent runs $941/month, 28% lower than the national median of $1,314/month. The median household income of $78,235/year is 5% higher than the US median of $74,580. The local unemployment rate is 3.9%, below 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, Byron has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.
Byron 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 Byron, IL?
Byron has a cost index of 65 (100 = national average). It is 35% below the national average.
What is average rent in Byron, IL?
The median gross rent in Byron is $941 per month based on 2023 Census data.
What is the average home price in Byron?
The median home value in Byron is $182,600 according to Zillow and Census data.
What is the median income in Byron?
The median household income in Byron is $78,235 per year (2023 ACS 5-year estimates).
What is the sales tax in Byron, IL?
The combined state and local sales tax rate in Byron is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Byron, IL affordable?
Yes, Byron is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.
Byron at a Glance
- Population
- 3,742
- Median Income
- $78,235
- Home Value
- $182,600
- Median Rent
- $941/mo
- Unemployment
- 3.9%
- Sales Tax
- 8.7%
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Illinois Rankings
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