Cost of Living in Huntley, IL

Population 27,859 · Illinois · Data vintage 2023

105
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Huntley's cost indicators track within a reasonable band of national figures, with median household incomes near $86,349 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, Huntley sits roughly 10 miles northwest of Elgin. Median home values run roughly 26% higher than Elgin's $252,000.

Cost Overview

Housing 104
Rent 105

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

About the Cost of Living in Huntley

The median home value in Huntley is $318,500 — 4% above the national median of $305,000. Median rent runs $1,385/month, 5% higher than the national median of $1,314/month. The median household income of $86,349/year is 16% 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%. Overall, Huntley has a cost of living index of 105 versus the US average of 100, meaning it is 5% more expensive.

🏠 Housing

Median Home Value
$318,500
4% above avg
Zillow Home Value
$412,719
Zillow ZHVI
Median Rent
$1,385/mo
5% above avg
Price-to-Rent Ratio
19.2x
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 88.4%
Renter-occupied 11.6%

💰 Estimated Monthly Budget

Rent median rent
$1,385
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,999/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
34.2 min
27% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.0%

Commute Mode

Drove alone
74.7%
Carpooled
5.1%
Public transit
1.7%
Walked
0.9%
Work from home
16.0%

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
$86,349
16% above avg
Per Capita Income
$47,225
Unemployment Rate
3.5%
28% below avg
Poverty Rate
7.8%
Labor Force Participation
52.8%

🎓 Education

Bachelor's degree+ 24.3%
Graduate degree 15.1%

👥 Demographics

Median Age 49.7
Male median age 48.5
Female median age 50.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
52.3%
Good air days/yr
230
Max AQI recorded
247
PM2.5 days
118
Ozone days

Frequently Asked Questions

What is the cost of living in Huntley, IL?

Huntley has a cost index of 105 (100 = national average). It is 5% above the national average.

What is average rent in Huntley, IL?

The median gross rent in Huntley is $1,385 per month based on 2023 Census data.

What is the average home price in Huntley?

The median home value in Huntley is $318,500 according to Zillow and Census data.

What is the median income in Huntley?

The median household income in Huntley is $86,349 per year (2023 ACS 5-year estimates).

What is the sales tax in Huntley, IL?

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

Is Huntley, IL affordable?

Huntley is near the national average in terms of cost of living, with an index of 105 (100 = US average).