Cost of Living in Manteno, IL

Population 8,942 · Illinois · Data vintage 2023

80
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Manteno sits on the smaller end of the Illinois city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.

Manteno sits roughly 25 miles southeast of Joliet — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Joliet's $249,000 median.

Cost Overview

Housing 79
Rent 82

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

About the Cost of Living in Manteno

The median home value in Manteno is $241,700 — 21% below the national median of $305,000. Median rent runs $1,072/month, 18% lower than the national median of $1,314/month. The median household income of $96,057/year is 29% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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, Manteno has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.

🏠 Housing

Median Home Value
$241,700
21% below avg
Zillow Home Value
$305,832
Zillow ZHVI
Median Rent
$1,072/mo
18% below avg
Price-to-Rent Ratio
18.8x
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 75.1%
Renter-occupied 24.9%

💰 Estimated Monthly Budget

Rent median rent
$1,072
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,686/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
34.1 min
26% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.0%

Commute Mode

Drove alone
77.9%
Carpooled
7.5%
Public transit
1.4%
Walked
1.2%
Bicycle
0.0%
Work from home
12.0%

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
$96,057
29% above avg
Per Capita Income
$48,618
Unemployment Rate
2.8%
41% below avg
Poverty Rate
3.4%
Labor Force Participation
61.8%

🎓 Education

Bachelor's degree+ 16.9%
Graduate degree 8.1%

👥 Demographics

Median Age 47.1
Male median age 44.3
Female median age 52.3

Frequently Asked Questions

What is the cost of living in Manteno, IL?

Manteno has a cost index of 80 (100 = national average). It is 20% below the national average.

What is average rent in Manteno, IL?

The median gross rent in Manteno is $1,072 per month based on 2023 Census data.

What is the average home price in Manteno?

The median home value in Manteno is $241,700 according to Zillow and Census data.

What is the median income in Manteno?

The median household income in Manteno is $96,057 per year (2023 ACS 5-year estimates).

What is the sales tax in Manteno, IL?

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

Is Manteno, IL affordable?

Yes, Manteno is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.

Manteno at a Glance

Population
8,942
Median Income
$96,057
Home Value
$241,700
Median Rent
$1,072/mo
Unemployment
2.8%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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