Cost of Living in Ottawa, IL

Population 18,714 · Illinois · Data vintage 2023

56
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Ottawa stay well under national norms: a median home value of $145,000 against median household incomes of $73,011 gives the city one of the more comfortable price-to-income ratios in Illinois. Unemployment has stayed elevated relative to the national figure — 6.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Ottawa is about 35 miles west of Joliet, the nearest large metro. Median home values run roughly 42% lower than Joliet's $249,000.

Cost Overview

Housing 47
Rent 70

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

About the Cost of Living in Ottawa

The median home value in Ottawa is $144,500 — 53% below the national median of $305,000. Median rent runs $922/month, 30% lower than the national median of $1,314/month. The median household income of $73,011/year is 2% lower than the US median of $74,580. The local unemployment rate is 6.3%, 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, Ottawa has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.

🏠 Housing

Median Home Value
$144,500
53% below avg
Zillow Home Value
$205,721
Zillow ZHVI
Median Rent
$922/mo
30% below avg
Zillow Rent
$1,287/mo
Zillow ZORI
Price-to-Rent Ratio
13.1x
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 69.3%
Renter-occupied 30.6%

💰 Estimated Monthly Budget

Rent median rent
$922
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,536/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
23.9 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.7%

Commute Mode

Drove alone
84.9%
Carpooled
9.2%
Public transit
0.1%
Walked
0.4%
Bicycle
0.3%
Work from home
3.7%

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
$73,011
2% below avg
Per Capita Income
$37,776
Unemployment Rate
6.3%
31% above avg
Poverty Rate
14.4%
Labor Force Participation
62.9%

🎓 Education

Bachelor's degree+ 15.7%
Graduate degree 6.2%

👥 Demographics

Median Age 40.3
Male median age 39
Female median age 42.3

Frequently Asked Questions

What is the cost of living in Ottawa, IL?

Ottawa has a cost index of 56 (100 = national average). It is 44% below the national average.

What is average rent in Ottawa, IL?

The median gross rent in Ottawa is $922 per month based on 2023 Census data.

What is the average home price in Ottawa?

The median home value in Ottawa is $144,500 according to Zillow and Census data.

What is the median income in Ottawa?

The median household income in Ottawa is $73,011 per year (2023 ACS 5-year estimates).

What is the sales tax in Ottawa, IL?

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

Is Ottawa, IL affordable?

Yes, Ottawa is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.

Ottawa at a Glance

Population
18,714
Median Income
$73,011
Home Value
$144,500
Median Rent
$922/mo
Unemployment
6.3%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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