Cost of Living in Kewanee, IL
Population 12,280 · Illinois · Data vintage 2023
(100 = US avg)
Kewanee is a smaller Illinois community of around 12000 residents, where median household incomes of $49,668 and housing costs ($70,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 35 miles northwest of Peoria, Kewanee falls within that metro's commuting orbit. Median home values run roughly 53% lower than Peoria's $150,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Kewanee
The median home value in Kewanee is $70,000 — 77% below the national median of $305,000. Median rent runs $775/month, 41% lower than the national median of $1,314/month. The median household income of $49,668/year is 33% 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, Kewanee has a cost of living index of 37 versus the US average of 100, meaning it is 63% 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
Frequently Asked Questions
What is the cost of living in Kewanee, IL?
Kewanee has a cost index of 37 (100 = national average). It is 63% below the national average.
What is average rent in Kewanee, IL?
The median gross rent in Kewanee is $775 per month based on 2023 Census data.
What is the average home price in Kewanee?
The median home value in Kewanee is $70,000 according to Zillow and Census data.
What is the median income in Kewanee?
The median household income in Kewanee is $49,668 per year (2023 ACS 5-year estimates).
What is the sales tax in Kewanee, IL?
The combined state and local sales tax rate in Kewanee is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Kewanee, IL affordable?
Yes, Kewanee is generally considered affordable, with a cost of living index of 37 — about 63% below the US national average of 100.
Kewanee at a Glance
- Population
- 12,280
- Median Income
- $49,668
- Home Value
- $70,000
- Median Rent
- $775/mo
- Unemployment
- 6.4%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data