Cost of Living in O'Fallon, IL

Population 32,139 · Illinois · Data vintage 2023

94
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of O'Fallon's cost indicators track within a reasonable band of national figures, with median household incomes near $102,793 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, O'Fallon sits roughly 20 miles east of St. Louis. Median home values run roughly 48% higher than St. Louis' $185,000.

Cost Overview

Housing 90
Rent 100

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

About the Cost of Living in O'Fallon

The median home value in O'Fallon is $274,100 — 10% below the national median of $305,000. Median rent runs $1,312/month, equal to than the national median of $1,314/month. The median household income of $102,793/year is 38% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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, O'Fallon has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.

🏠 Housing

Median Home Value
$274,100
10% below avg
Median Rent
$1,312/mo
0% below avg
Price-to-Rent Ratio
17.4x
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 70.9%
Renter-occupied 29.1%

💰 Estimated Monthly Budget

Rent median rent
$1,312
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,926/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
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.7%

Commute Mode

Drove alone
75.2%
Carpooled
5.4%
Public transit
0.4%
Walked
1.1%
Bicycle
0.1%
Work from home
16.7%

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
$102,793
38% above avg
Per Capita Income
$51,826
Unemployment Rate
3.3%
31% below avg
Poverty Rate
4.4%
Labor Force Participation
67.5%

🎓 Education

Bachelor's degree+ 27.9%
Graduate degree 23.3%

👥 Demographics

Median Age 36.9
Male median age 35.1
Female median age 38.2

Frequently Asked Questions

What is the cost of living in O'Fallon, IL?

O'Fallon has a cost index of 94 (100 = national average). It is 6% below the national average.

What is average rent in O'Fallon, IL?

The median gross rent in O'Fallon is $1,312 per month based on 2023 Census data.

What is the average home price in O'Fallon?

The median home value in O'Fallon is $274,100 according to 2023 Census ACS data.

What is the median income in O'Fallon?

The median household income in O'Fallon is $102,793 per year (2023 ACS 5-year estimates).

What is the sales tax in O'Fallon, IL?

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

Is O'Fallon, IL affordable?

O'Fallon is near the national average in terms of cost of living, with an index of 94 (100 = US average).

O'Fallon at a Glance

Population
32,139
Median Income
$102,793
Home Value
$274,100
Median Rent
$1,312/mo
Unemployment
3.3%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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