Cost of Living in Litchfield, IL

Population 6,814 · Illinois · Data vintage 2023

39
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Litchfield a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $101,000. Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Litchfield is about 45 miles south of Springfield, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 35% lower than Springfield's $155,000.

Cost Overview

Housing 33
Rent 49

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

About the Cost of Living in Litchfield

The median home value in Litchfield is $100,500 — 67% below the national median of $305,000. Median rent runs $645/month, 51% lower than the national median of $1,314/month. The median household income of $54,190/year is 27% 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, Litchfield has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.

🏠 Housing

Median Home Value
$100,500
67% below avg
Zillow Home Value
$132,000
Zillow ZHVI
Median Rent
$645/mo
51% below avg
Price-to-Rent Ratio
13.0x
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 67.7%
Renter-occupied 32.3%

💰 Estimated Monthly Budget

Rent median rent
$645
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,259/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
23.4 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
79.3%
Carpooled
5.5%
Walked
5.7%
Bicycle
1.0%
Work from home
8.4%

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
$54,190
27% below avg
Per Capita Income
$32,741
Unemployment Rate
6.4%
33% above avg
Poverty Rate
16.9%
Labor Force Participation
59.3%

🎓 Education

Bachelor's degree+ 15.0%
Graduate degree 8.9%

👥 Demographics

Median Age 43.2
Male median age 37.8
Female median age 47.1

Frequently Asked Questions

What is the cost of living in Litchfield, IL?

Litchfield has a cost index of 39 (100 = national average). It is 61% below the national average.

What is average rent in Litchfield, IL?

The median gross rent in Litchfield is $645 per month based on 2023 Census data.

What is the average home price in Litchfield?

The median home value in Litchfield is $100,500 according to Zillow and Census data.

What is the median income in Litchfield?

The median household income in Litchfield is $54,190 per year (2023 ACS 5-year estimates).

What is the sales tax in Litchfield, IL?

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

Is Litchfield, IL affordable?

Yes, Litchfield is generally considered affordable, with a cost of living index of 39 — about 61% below the US national average of 100.

Litchfield at a Glance

Population
6,814
Median Income
$54,190
Home Value
$100,500
Median Rent
$645/mo
Unemployment
6.4%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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