Cost of Living in Hainesville, IL
Population 3,524 · Illinois · Data vintage 2023
(100 = US avg)
Housing costs in Hainesville stay well under national norms: a median home value of $219,000 against median household incomes of $126,125 gives the city one of the more comfortable price-to-income ratios in Illinois.
Hainesville sits roughly 25 miles northeast of Elgin — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 13% lower than Elgin's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hainesville
The median home value in Hainesville is $218,500 — 28% below the national median of $305,000. Median rent runs $1,219/month, 7% lower than the national median of $1,314/month. The median household income of $126,125/year is 69% higher than the US median of $74,580. The local unemployment rate is 3.0%, 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, Hainesville has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.
Hainesville 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 Hainesville, IL?
Hainesville has a cost index of 80 (100 = national average). It is 20% below the national average.
What is average rent in Hainesville, IL?
The median gross rent in Hainesville is $1,219 per month based on 2023 Census data.
What is the average home price in Hainesville?
The median home value in Hainesville is $218,500 according to Zillow and Census data.
What is the median income in Hainesville?
The median household income in Hainesville is $126,125 per year (2023 ACS 5-year estimates).
What is the sales tax in Hainesville, IL?
The combined state and local sales tax rate in Hainesville is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Hainesville, IL affordable?
Yes, Hainesville is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.
Hainesville at a Glance
- Population
- 3,524
- Median Income
- $126,125
- Home Value
- $218,500
- Median Rent
- $1,219/mo
- Unemployment
- 3.0%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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