Cost of Living in Quincy, IL

Population 39,188 · Illinois · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Quincy cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $146,000, rents near $824 a month.

Quincy lies roughly 85 miles northeast of the nearest major metro, Columbia — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 46% lower than Columbia's $268,000.

Cost Overview

Housing 48
Rent 63

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

About the Cost of Living in Quincy

The median home value in Quincy is $146,100 — 52% below the national median of $305,000. Median rent runs $824/month, 37% lower than the national median of $1,314/month. The median household income of $56,372/year is 24% lower than the US median of $74,580. The local unemployment rate is 4.2%, 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%. The climate averages highs of 62.5°F and lows of 43.6°F. Overall, Quincy has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$146,100
52% below avg
Zillow Home Value
$173,924
Zillow ZHVI
Median Rent
$824/mo
37% below avg
Zillow Rent
$995/mo
Zillow ZORI
Price-to-Rent Ratio
14.8x
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 64.8%
Renter-occupied 35.3%

💰 Estimated Monthly Budget

Rent median rent
$824
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,438/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
15.4 min
43% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.3%

Commute Mode

Drove alone
77.8%
Carpooled
9.1%
Public transit
0.9%
Walked
3.3%
Bicycle
0.6%
Work from home
7.3%

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
$56,372
24% below avg
Per Capita Income
$34,819
Unemployment Rate
4.2%
13% below avg
Poverty Rate
15.4%
Labor Force Participation
64.1%

🎓 Education

Bachelor's degree+ 17.4%
Graduate degree 9.2%

👥 Demographics

Median Age 40.1
Male median age 38.5
Female median age 41.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.5°F
Avg Low
43.6°F
Annual Precip
36.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 354052647382868578655139
Low °F 192332435463676556453324
Precip" 1.571.772.293.984.554.503.493.933.093.052.411.80

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
75.1%
Good air days/yr
136
Max AQI recorded
0
PM2.5 days
245
Ozone days

Frequently Asked Questions

What is the cost of living in Quincy, IL?

Quincy has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Quincy, IL?

The median gross rent in Quincy is $824 per month based on 2023 Census data.

What is the average home price in Quincy?

The median home value in Quincy is $146,100 according to Zillow and Census data.

What is the median income in Quincy?

The median household income in Quincy is $56,372 per year (2023 ACS 5-year estimates).

What is the sales tax in Quincy, IL?

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

Is Quincy, IL affordable?

Yes, Quincy is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

What is the weather like in Quincy?

Quincy has average high temperatures of 62.5°F and average lows of 43.6°F. Annual precipitation is 36.4". Data from NOAA 1991–2020 Climate Normals.

Quincy at a Glance

Population
39,188
Median Income
$56,372
Home Value
$146,100
Median Rent
$824/mo
Unemployment
4.2%
Avg High Temp
62.5°F
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs