Cost of Living in Godfrey, IL
Population 17,743 · Illinois · Data vintage 2023
(100 = US avg)
Godfrey offers a notably favorable income-to-housing ratio for its region. The typical home — $181,000 — costs less than 2 times median household income of $92,746, a threshold many coastal markets passed a decade ago.
Located 20 miles north of St. Louis, Godfrey falls within that metro's commuting orbit. Housing prices track closely with St. Louis' $185,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Godfrey
The median home value in Godfrey is $181,400 — 41% below the national median of $305,000. Median rent runs $1,111/month, 15% lower than the national median of $1,314/month. The median household income of $92,746/year is 24% higher than the US median of $74,580. The local unemployment rate is 3.5%, 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%. The climate averages highs of 66.6°F and lows of 45.5°F. Overall, Godfrey has a cost of living index of 70 versus the US average of 100, meaning it is 30% less 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 45 | 56 | 68 | 77 | 86 | 89 | 88 | 81 | 69 | 55 | 44 |
| Low °F | 22 | 26 | 34 | 45 | 56 | 65 | 68 | 66 | 57 | 46 | 35 | 27 |
| Precip" | 2.49 | 1.89 | 3.08 | 4.24 | 4.60 | 4.55 | 3.74 | 3.68 | 2.97 | 2.66 | 3.15 | 2.35 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Godfrey, IL?
Godfrey has a cost index of 70 (100 = national average). It is 30% below the national average.
What is average rent in Godfrey, IL?
The median gross rent in Godfrey is $1,111 per month based on 2023 Census data.
What is the average home price in Godfrey?
The median home value in Godfrey is $181,400 according to Zillow and Census data.
What is the median income in Godfrey?
The median household income in Godfrey is $92,746 per year (2023 ACS 5-year estimates).
What is the sales tax in Godfrey, IL?
The combined state and local sales tax rate in Godfrey is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Godfrey, IL affordable?
Yes, Godfrey is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.
What is the weather like in Godfrey?
Godfrey has average high temperatures of 66.6°F and average lows of 45.5°F. Annual precipitation is 39.4". Data from NOAA 1991–2020 Climate Normals.
Godfrey at a Glance
- Population
- 17,743
- Median Income
- $92,746
- Home Value
- $181,400
- Median Rent
- $1,111/mo
- Unemployment
- 3.5%
- Avg High Temp
- 66.6°F
- Sales Tax
- 8.7%
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Explore county-level cost of living data
Illinois Rankings
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