Cost of Living in Granite City, IL
Population 26,670 · Illinois · Data vintage 2023
(100 = US avg)
The Granite City cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $100,000, rents near $761 a month. At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 9 miles northeast of St. Louis, Granite City falls within that metro's commuting orbit. Median home values run roughly 46% lower than St. Louis' $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Granite City
The median home value in Granite City is $99,800 — 67% below the national median of $305,000. Median rent runs $761/month, 42% lower than the national median of $1,314/month. The median household income of $60,490/year is 19% lower than the US median of $74,580. The local unemployment rate is 6.4%, 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%. Overall, Granite City has a cost of living index of 43 versus the US average of 100, meaning it is 57% 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Granite City, IL?
Granite City has a cost index of 43 (100 = national average). It is 57% below the national average.
What is average rent in Granite City, IL?
The median gross rent in Granite City is $761 per month based on 2023 Census data.
What is the average home price in Granite City?
The median home value in Granite City is $99,800 according to Zillow and Census data.
What is the median income in Granite City?
The median household income in Granite City is $60,490 per year (2023 ACS 5-year estimates).
What is the sales tax in Granite City, IL?
The combined state and local sales tax rate in Granite City is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Granite City, IL affordable?
Yes, Granite City is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.
Granite City at a Glance
- Population
- 26,670
- Median Income
- $60,490
- Home Value
- $99,800
- Median Rent
- $761/mo
- Unemployment
- 6.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
Similar Cost Cities
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