Cost of Living in Oglesby, IL
Population 3,723 · Illinois · Data vintage 2023
(100 = US avg)
Housing costs in Oglesby stay well under national norms: a median home value of $131,000 against median household incomes of $71,618 gives the city one of the more comfortable price-to-income ratios in Illinois. Unemployment has stayed elevated relative to the national figure — 6.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Oglesby is about 45 miles northeast of Peoria, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 12% lower than Peoria's $150,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Oglesby
The median home value in Oglesby is $130,900 — 57% below the national median of $305,000. Median rent runs $810/month, 38% lower than the national median of $1,314/month. The median household income of $71,618/year is 4% lower than the US median of $74,580. The local unemployment rate is 6.7%, 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, Oglesby has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.
Oglesby has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Oglesby, IL?
Oglesby has a cost index of 50 (100 = national average). It is 50% below the national average.
What is average rent in Oglesby, IL?
The median gross rent in Oglesby is $810 per month based on 2023 Census data.
What is the average home price in Oglesby?
The median home value in Oglesby is $130,900 according to Zillow and Census data.
What is the median income in Oglesby?
The median household income in Oglesby is $71,618 per year (2023 ACS 5-year estimates).
What is the sales tax in Oglesby, IL?
The combined state and local sales tax rate in Oglesby is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Oglesby, IL affordable?
Yes, Oglesby is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.
Oglesby at a Glance
- Population
- 3,723
- Median Income
- $71,618
- Home Value
- $130,900
- Median Rent
- $810/mo
- Unemployment
- 6.7%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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