Cost of Living in Channahon, IL
Population 13,854 · Illinois · Data vintage 2023
(100 = US avg)
Channahon sits on the smaller end of the Illinois city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 7.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 9 miles southwest of Joliet, Channahon falls within that metro's commuting orbit. Median home values run roughly 20% higher than Joliet's $249,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Channahon
The median home value in Channahon is $298,000 — 2% below the national median of $305,000. Median rent runs $1,718/month, 31% higher than the national median of $1,314/month. The median household income of $121,458/year is 63% higher than the US median of $74,580. The local unemployment rate is 7.1%, 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, Channahon has a cost of living index of 111 versus the US average of 100, meaning it is 11% more expensive.
🏠 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Channahon, IL?
Channahon has a cost index of 111 (100 = national average). It is 11% above the national average.
What is average rent in Channahon, IL?
The median gross rent in Channahon is $1,718 per month based on 2023 Census data.
What is the average home price in Channahon?
The median home value in Channahon is $298,000 according to Zillow and Census data.
What is the median income in Channahon?
The median household income in Channahon is $121,458 per year (2023 ACS 5-year estimates).
What is the sales tax in Channahon, IL?
The combined state and local sales tax rate in Channahon is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Channahon, IL affordable?
Channahon is above average in cost of living, with an index of 111 — about 11% higher than the national average.
Channahon at a Glance
- Population
- 13,854
- Median Income
- $121,458
- Home Value
- $298,000
- Median Rent
- $1,718/mo
- Unemployment
- 7.1%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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