Cost of Living in Roscoe, IL
Population 10,881 · Illinois · Data vintage 2023
(100 = US avg)
Buyers in Roscoe can reasonably expect a home to cost less than three years of household income — $215,000 against $97,704 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.
Roscoe sits roughly 12 miles north of Rockford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 78% higher than Rockford's $121,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Roscoe
The median home value in Roscoe is $215,200 — 29% below the national median of $305,000. Median rent runs $1,349/month, 3% higher than the national median of $1,314/month. The median household income of $97,704/year is 31% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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%. Overall, Roscoe has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.
🏠 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Roscoe, IL?
Roscoe has a cost index of 83 (100 = national average). It is 17% below the national average.
What is average rent in Roscoe, IL?
The median gross rent in Roscoe is $1,349 per month based on 2023 Census data.
What is the average home price in Roscoe?
The median home value in Roscoe is $215,200 according to Zillow and Census data.
What is the median income in Roscoe?
The median household income in Roscoe is $97,704 per year (2023 ACS 5-year estimates).
What is the sales tax in Roscoe, IL?
The combined state and local sales tax rate in Roscoe is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Roscoe, IL affordable?
Yes, Roscoe is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.
Roscoe at a Glance
- Population
- 10,881
- Median Income
- $97,704
- Home Value
- $215,200
- Median Rent
- $1,349/mo
- Unemployment
- 3.2%
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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