Cost of Living in Charleston, IL

Population 17,212 · Illinois · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Charleston a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $134,000. A poverty rate near 25% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Charleston lies roughly 80 miles east of the nearest major metro, Springfield. Median home values run roughly 14% lower than Springfield's $155,000.

Cost Overview

Housing 44
Rent 62

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

About the Cost of Living in Charleston

The median home value in Charleston is $133,700 — 56% below the national median of $305,000. Median rent runs $819/month, 38% lower than the national median of $1,314/month. The median household income of $49,057/year is 34% lower than the US median of $74,580. The local unemployment rate is 5.9%, 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%. The climate averages highs of 62.9°F and lows of 44.0°F. Overall, Charleston has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$133,700
56% below avg
Zillow Home Value
$159,884
Zillow ZHVI
Median Rent
$819/mo
38% below avg
Price-to-Rent Ratio
13.6x
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 46.6%
Renter-occupied 53.4%

💰 Estimated Monthly Budget

Rent median rent
$819
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,433/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
16.5 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.1%

Commute Mode

Drove alone
69.7%
Carpooled
7.9%
Walked
11.2%
Bicycle
1.3%
Work from home
9.1%

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
$49,057
34% below avg
Per Capita Income
$30,375
Unemployment Rate
5.9%
22% above avg
Poverty Rate
25.3%
Labor Force Participation
65.5%

🎓 Education

Bachelor's degree+ 18.2%
Graduate degree 16.0%

👥 Demographics

Median Age 28.8
Male median age 28.6
Female median age 29

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.9°F
Avg Low
44.0°F
Annual Precip
36"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 354052647483868479665140
Low °F 202433435463666456453526
Precip" 2.041.812.224.143.864.723.962.422.853.113.031.84

Frequently Asked Questions

What is the cost of living in Charleston, IL?

Charleston has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Charleston, IL?

The median gross rent in Charleston is $819 per month based on 2023 Census data.

What is the average home price in Charleston?

The median home value in Charleston is $133,700 according to Zillow and Census data.

What is the median income in Charleston?

The median household income in Charleston is $49,057 per year (2023 ACS 5-year estimates).

What is the sales tax in Charleston, IL?

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

Is Charleston, IL affordable?

Yes, Charleston is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

What is the weather like in Charleston?

Charleston has average high temperatures of 62.9°F and average lows of 44.0°F. Annual precipitation is 36". Data from NOAA 1991–2020 Climate Normals.

Charleston at a Glance

Population
17,212
Median Income
$49,057
Home Value
$133,700
Median Rent
$819/mo
Unemployment
5.9%
Avg High Temp
62.9°F
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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