Cost of Living in Greenville, IL

Population 7,159 · Illinois · Data vintage 2023

46
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Greenville sits on the smaller end of the Illinois city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.

Geographically, Greenville is about 50 miles east of St. Louis, the nearest large metro. Median home values run roughly 35% lower than St. Louis' $185,000.

Cost Overview

Housing 39
Rent 55

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

About the Cost of Living in Greenville

The median home value in Greenville is $119,800 — 61% below the national median of $305,000. Median rent runs $724/month, 45% lower than the national median of $1,314/month. The median household income of $52,727/year is 29% lower than the US median of $74,580. The local unemployment rate is 2.5%, 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%. Overall, Greenville has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.

🏠 Housing

Median Home Value
$119,800
61% below avg
Zillow Home Value
$167,844
Zillow ZHVI
Median Rent
$724/mo
45% below avg
Price-to-Rent Ratio
13.8x
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 55.5%
Renter-occupied 44.5%

💰 Estimated Monthly Budget

Rent median rent
$724
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,338/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
21.2 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.5%

Commute Mode

Drove alone
76.8%
Carpooled
3.5%
Public transit
0.1%
Walked
10.2%
Bicycle
0.7%
Work from home
7.5%

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
$52,727
29% below avg
Per Capita Income
$26,709
Unemployment Rate
2.5%
49% below avg
Poverty Rate
16.5%
Labor Force Participation
49.2%

🎓 Education

Bachelor's degree+ 12.9%
Graduate degree 8.6%

👥 Demographics

Median Age 37
Male median age 33.3
Female median age 40.9

Frequently Asked Questions

What is the cost of living in Greenville, IL?

Greenville has a cost index of 46 (100 = national average). It is 54% below the national average.

What is average rent in Greenville, IL?

The median gross rent in Greenville is $724 per month based on 2023 Census data.

What is the average home price in Greenville?

The median home value in Greenville is $119,800 according to Zillow and Census data.

What is the median income in Greenville?

The median household income in Greenville is $52,727 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenville, IL?

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

Is Greenville, IL affordable?

Yes, Greenville is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.

Greenville at a Glance

Population
7,159
Median Income
$52,727
Home Value
$119,800
Median Rent
$724/mo
Unemployment
2.5%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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