Cost of Living in Gillespie, IL
Population 3,118 · Illinois · Data vintage 2023
(100 = US avg)
Buyers in Gillespie can reasonably expect a home to cost less than three years of household income — $90,000 against $76,806 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.
Gillespie is about 40 miles northeast of St. Louis, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 52% lower than St. Louis' $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Gillespie
The median home value in Gillespie is $89,500 — 71% below the national median of $305,000. Median rent runs $756/month, 42% lower than the national median of $1,314/month. The median household income of $76,806/year is 3% 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, Gillespie has a cost of living index of 41 versus the US average of 100, meaning it is 59% less expensive.
Gillespie 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 Gillespie, IL?
Gillespie has a cost index of 41 (100 = national average). It is 59% below the national average.
What is average rent in Gillespie, IL?
The median gross rent in Gillespie is $756 per month based on 2023 Census data.
What is the average home price in Gillespie?
The median home value in Gillespie is $89,500 according to Zillow and Census data.
What is the median income in Gillespie?
The median household income in Gillespie is $76,806 per year (2023 ACS 5-year estimates).
What is the sales tax in Gillespie, IL?
The combined state and local sales tax rate in Gillespie is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Gillespie, IL affordable?
Yes, Gillespie is generally considered affordable, with a cost of living index of 41 — about 59% below the US national average of 100.
Gillespie at a Glance
- Population
- 3,118
- Median Income
- $76,806
- Home Value
- $89,500
- Median Rent
- $756/mo
- Unemployment
- 4.7%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
Similar Cost Cities
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