Cost of Living in Staunton, IL

Population 4,307 · Illinois · Data vintage 2023

52
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Staunton offers a notably favorable income-to-housing ratio for its region. The typical home — $140,000 — costs less than 2.1 times median household income of $65,435, a threshold many coastal markets passed a decade ago. An unemployment rate of 2.0% points to a labor market well on the tight side of the national distribution.

Geographically, Staunton is about 35 miles northeast of St. Louis, the nearest large metro. Median home values run roughly 25% lower than St. Louis' $185,000.

Cost Overview

Housing 46
Rent 61

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

About the Cost of Living in Staunton

The median home value in Staunton is $139,500 — 54% below the national median of $305,000. Median rent runs $805/month, 39% lower than the national median of $1,314/month. The median household income of $65,435/year is 12% lower than the US median of $74,580. The local unemployment rate is 2.0%, 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, Staunton has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.

🏠 Housing

Median Home Value
$139,500
54% below avg
Zillow Home Value
$325,981
Zillow ZHVI
Median Rent
$805/mo
39% below avg
Price-to-Rent Ratio
14.4x
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 75.8%
Renter-occupied 24.1%

💰 Estimated Monthly Budget

Rent median rent
$805
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,419/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
27.5 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.7%

Commute Mode

Drove alone
86.3%
Carpooled
9.2%
Walked
1.9%
Work from home
2.7%

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
$65,435
12% below avg
Per Capita Income
$35,730
Unemployment Rate
2.0%
58% below avg
Poverty Rate
16.7%
Labor Force Participation
62.4%

🎓 Education

Bachelor's degree+ 16.3%
Graduate degree 4.7%

👥 Demographics

Median Age 45.1
Male median age 45.1
Female median age 45

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
84.9%
Good air days/yr
129
Max AQI recorded
0
PM2.5 days
244
Ozone days

Frequently Asked Questions

What is the cost of living in Staunton, IL?

Staunton has a cost index of 52 (100 = national average). It is 48% below the national average.

What is average rent in Staunton, IL?

The median gross rent in Staunton is $805 per month based on 2023 Census data.

What is the average home price in Staunton?

The median home value in Staunton is $139,500 according to Zillow and Census data.

What is the median income in Staunton?

The median household income in Staunton is $65,435 per year (2023 ACS 5-year estimates).

What is the sales tax in Staunton, IL?

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

Is Staunton, IL affordable?

Yes, Staunton is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.

Staunton at a Glance

Population
4,307
Median Income
$65,435
Home Value
$139,500
Median Rent
$805/mo
Unemployment
2.0%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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