Cost of Living in Edwardsville, IL

Population 26,543 · Illinois · Data vintage 2023

94
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Edwardsville cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $287,000, rents near $1,231 a month.

Located 15 miles northeast of St. Louis, Edwardsville falls within that metro's commuting orbit. Median home values run roughly 55% higher than St. Louis' $185,000.

Cost Overview

Housing 94
Rent 94

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

About the Cost of Living in Edwardsville

The median home value in Edwardsville is $286,700 — 6% below the national median of $305,000. Median rent runs $1,231/month, 6% lower than the national median of $1,314/month. The median household income of $92,671/year is 24% higher than the US median of $74,580. The local unemployment rate is 4.7%, 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, Edwardsville has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.

🏠 Housing

Median Home Value
$286,700
6% below avg
Zillow Home Value
$320,540
Zillow ZHVI
Median Rent
$1,231/mo
6% below avg
Zillow Rent
$1,441/mo
Zillow ZORI
Price-to-Rent Ratio
19.4x
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 68.9%
Renter-occupied 31.1%

💰 Estimated Monthly Budget

Rent median rent
$1,231
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,845/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
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.3%

Commute Mode

Drove alone
79.7%
Carpooled
3.6%
Public transit
0.6%
Walked
0.8%
Bicycle
0.1%
Work from home
14.3%

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
$92,671
24% above avg
Per Capita Income
$48,313
Unemployment Rate
4.7%
3% below avg
Poverty Rate
11.2%
Labor Force Participation
60.8%

🎓 Education

Bachelor's degree+ 30.5%
Graduate degree 23.8%

👥 Demographics

Median Age 32.3
Male median age 33.6
Female median age 31.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
31.1%
Good air days/yr
155
Max AQI recorded
239
PM2.5 days
124
Ozone days

Frequently Asked Questions

What is the cost of living in Edwardsville, IL?

Edwardsville has a cost index of 94 (100 = national average). It is 6% below the national average.

What is average rent in Edwardsville, IL?

The median gross rent in Edwardsville is $1,231 per month based on 2023 Census data.

What is the average home price in Edwardsville?

The median home value in Edwardsville is $286,700 according to Zillow and Census data.

What is the median income in Edwardsville?

The median household income in Edwardsville is $92,671 per year (2023 ACS 5-year estimates).

What is the sales tax in Edwardsville, IL?

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

Is Edwardsville, IL affordable?

Edwardsville is near the national average in terms of cost of living, with an index of 94 (100 = US average).

Edwardsville at a Glance

Population
26,543
Median Income
$92,671
Home Value
$286,700
Median Rent
$1,231/mo
Unemployment
4.7%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs