Cost of Living in Marion, IL

Population 16,796 · Illinois · Data vintage 2023

55
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Marion 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.

Geographically, Marion lies roughly 80 miles west of the nearest major metro, Evansville. Median home values run roughly 13% higher than Evansville's $129,000.

Cost Overview

Housing 48
Rent 67

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

About the Cost of Living in Marion

The median home value in Marion is $145,300 — 52% below the national median of $305,000. Median rent runs $878/month, 33% lower than the national median of $1,314/month. The median household income of $57,281/year is 23% lower than the US median of $74,580. The local unemployment rate is 4.0%, 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, Marion has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.

🏠 Housing

Median Home Value
$145,300
52% below avg
Zillow Home Value
$172,572
Zillow ZHVI
Median Rent
$878/mo
33% below avg
Price-to-Rent Ratio
13.8x
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 62.2%
Renter-occupied 37.8%

💰 Estimated Monthly Budget

Rent median rent
$878
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,492/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
23.3 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.9%

Commute Mode

Drove alone
77.2%
Carpooled
7.2%
Public transit
0.1%
Walked
1.2%
Work from home
13.9%

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
$57,281
23% below avg
Per Capita Income
$37,202
Unemployment Rate
4.0%
16% below avg
Poverty Rate
16.0%
Labor Force Participation
57.6%

🎓 Education

Bachelor's degree+ 16.2%
Graduate degree 11.2%

👥 Demographics

Median Age 40.4
Male median age 39.5
Female median age 41.3

Frequently Asked Questions

What is the cost of living in Marion, IL?

Marion has a cost index of 55 (100 = national average). It is 45% below the national average.

What is average rent in Marion, IL?

The median gross rent in Marion is $878 per month based on 2023 Census data.

What is the average home price in Marion?

The median home value in Marion is $145,300 according to Zillow and Census data.

What is the median income in Marion?

The median household income in Marion is $57,281 per year (2023 ACS 5-year estimates).

What is the sales tax in Marion, IL?

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

Is Marion, IL affordable?

Yes, Marion is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.