Cost of Living in Havana, IL
Population 3,176 · Illinois · Data vintage 2023
(100 = US avg)
Havana is a smaller Illinois community of around 3000 residents, where median household incomes of $55,428 and housing costs ($95,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. A poverty rate near 21% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Located 40 miles southwest of Peoria, Havana falls within that metro's commuting orbit. Median home values run roughly 36% lower than Peoria's $150,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Havana
The median home value in Havana is $95,200 — 69% below the national median of $305,000. Median rent runs $716/month, 46% lower than the national median of $1,314/month. The median household income of $55,428/year is 26% lower than the US median of $74,580. The local unemployment rate is 8.4%, 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, Havana has a cost of living index of 41 versus the US average of 100, meaning it is 59% less expensive.
Havana 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
Frequently Asked Questions
What is the cost of living in Havana, IL?
Havana has a cost index of 41 (100 = national average). It is 59% below the national average.
What is average rent in Havana, IL?
The median gross rent in Havana is $716 per month based on 2023 Census data.
What is the average home price in Havana?
The median home value in Havana is $95,200 according to Zillow and Census data.
What is the median income in Havana?
The median household income in Havana is $55,428 per year (2023 ACS 5-year estimates).
What is the sales tax in Havana, IL?
The combined state and local sales tax rate in Havana is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Havana, IL affordable?
Yes, Havana is generally considered affordable, with a cost of living index of 41 — about 59% below the US national average of 100.
Havana at a Glance
- Population
- 3,176
- Median Income
- $55,428
- Home Value
- $95,200
- Median Rent
- $716/mo
- Unemployment
- 8.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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