Cost of Living in Gilberts, IL
Population 8,389 · Illinois · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Gilberts a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $330,000.
Gilberts sits roughly 5 miles northwest of Elgin — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% higher than Elgin's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Gilberts
The median home value in Gilberts is $330,100 — 8% above the national median of $305,000. Median rent runs $1,852/month, 41% higher than the national median of $1,314/month. The median household income of $119,719/year is 61% higher than the US median of $74,580. The local unemployment rate is 3.7%, 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, Gilberts has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.
Gilberts 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Gilberts, IL?
Gilberts has a cost index of 121 (100 = national average). It is 21% above the national average.
What is average rent in Gilberts, IL?
The median gross rent in Gilberts is $1,852 per month based on 2023 Census data.
What is the average home price in Gilberts?
The median home value in Gilberts is $330,100 according to Zillow and Census data.
What is the median income in Gilberts?
The median household income in Gilberts is $119,719 per year (2023 ACS 5-year estimates).
What is the sales tax in Gilberts, IL?
The combined state and local sales tax rate in Gilberts is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Gilberts, IL affordable?
Gilberts is above average in cost of living, with an index of 121 — about 21% higher than the national average.
Gilberts at a Glance
- Population
- 8,389
- Median Income
- $119,719
- Home Value
- $330,100
- Median Rent
- $1,852/mo
- Unemployment
- 3.7%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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