Cost of Living in Silvis, IL

Population 7,939 · Illinois · Data vintage 2023

61
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Silvis stay well under national norms: a median home value of $161,000 against median household incomes of $67,569 gives the city one of the more comfortable price-to-income ratios in Illinois. At 6.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Silvis sits roughly 11 miles east of Davenport — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Davenport's $163,000 median.

Cost Overview

Housing 53
Rent 74

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

About the Cost of Living in Silvis

The median home value in Silvis is $161,300 — 47% below the national median of $305,000. Median rent runs $975/month, 26% lower than the national median of $1,314/month. The median household income of $67,569/year is 9% lower than the US median of $74,580. The local unemployment rate is 6.2%, 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, Silvis has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.

🏠 Housing

Median Home Value
$161,300
47% below avg
Zillow Home Value
$292,470
Zillow ZHVI
Median Rent
$975/mo
26% below avg
Price-to-Rent Ratio
13.8x
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 54.2%
Renter-occupied 45.8%

💰 Estimated Monthly Budget

Rent median rent
$975
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,589/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
23.2 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.0%

Commute Mode

Drove alone
81.7%
Carpooled
13.4%
Public transit
2.0%
Work from home
3.0%

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
$67,569
9% below avg
Per Capita Income
$39,512
Unemployment Rate
6.2%
29% above avg
Poverty Rate
16.2%
Labor Force Participation
59.3%

🎓 Education

Bachelor's degree+ 8.9%
Graduate degree 7.8%

👥 Demographics

Median Age 47.4
Male median age 42.2
Female median age 52.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
48.8%
Good air days/yr
232
Max AQI recorded
262
PM2.5 days
103
Ozone days

Frequently Asked Questions

What is the cost of living in Silvis, IL?

Silvis has a cost index of 61 (100 = national average). It is 39% below the national average.

What is average rent in Silvis, IL?

The median gross rent in Silvis is $975 per month based on 2023 Census data.

What is the average home price in Silvis?

The median home value in Silvis is $161,300 according to Zillow and Census data.

What is the median income in Silvis?

The median household income in Silvis is $67,569 per year (2023 ACS 5-year estimates).

What is the sales tax in Silvis, IL?

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

Is Silvis, IL affordable?

Yes, Silvis is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.

Silvis at a Glance

Population
7,939
Median Income
$67,569
Home Value
$161,300
Median Rent
$975/mo
Unemployment
6.2%
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