Cost of Living in St. Charles, IL

Population 32,733 · Illinois · Data vintage 2023

127
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

St. Charles lands reasonably close to national benchmarks on most cost indicators, with a median home value of $370,000 — 21% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Illinois.

Located 8 miles south of Elgin, St. Charles falls within that metro's commuting orbit. Median home values run roughly 46% higher than Elgin's $252,000.

Cost Overview

Housing 121
Rent 136

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

About the Cost of Living in St. Charles

The median home value in St. Charles is $369,700 — 21% above the national median of $305,000. Median rent runs $1,788/month, 36% higher than the national median of $1,314/month. The median household income of $115,350/year is 55% higher than the US median of $74,580. The local unemployment rate is 4.6%, 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, St. Charles has a cost of living index of 127 versus the US average of 100, meaning it is 27% more expensive.

🏠 Housing

Median Home Value
$369,700
21% above avg
Median Rent
$1,788/mo
36% above avg
Price-to-Rent Ratio
17.2x
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 70.3%
Renter-occupied 29.7%

💰 Estimated Monthly Budget

Rent median rent
$1,788
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,402/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
30.6 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.5%

Commute Mode

Drove alone
72.9%
Carpooled
7.3%
Public transit
2.3%
Walked
1.6%
Bicycle
0.3%
Work from home
14.5%

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
$115,350
55% above avg
Per Capita Income
$59,651
Unemployment Rate
4.6%
5% below avg
Poverty Rate
3.9%
Labor Force Participation
70.2%

🎓 Education

Bachelor's degree+ 30.4%
Graduate degree 20.8%

👥 Demographics

Median Age 41.6
Male median age 38.7
Female median age 43.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
61.8%
Good air days/yr
174
Max AQI recorded
90
PM2.5 days
198
Ozone days

Frequently Asked Questions

What is the cost of living in St. Charles, IL?

St. Charles has a cost index of 127 (100 = national average). It is 27% above the national average.

What is average rent in St. Charles, IL?

The median gross rent in St. Charles is $1,788 per month based on 2023 Census data.

What is the average home price in St. Charles?

The median home value in St. Charles is $369,700 according to 2023 Census ACS data.

What is the median income in St. Charles?

The median household income in St. Charles is $115,350 per year (2023 ACS 5-year estimates).

What is the sales tax in St. Charles, IL?

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

Is St. Charles, IL affordable?

St. Charles is above average in cost of living, with an index of 127 — about 27% higher than the national average.

St. Charles at a Glance

Population
32,733
Median Income
$115,350
Home Value
$369,700
Median Rent
$1,788/mo
Unemployment
4.6%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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