Cost of Living in Taylorville, IL

Population 11,149 · Illinois · Data vintage 2023

43
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Taylorville sits on the smaller end of the Illinois city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 25 miles southeast of Springfield, Taylorville falls within that metro's commuting orbit. Median home values run roughly 32% lower than Springfield's $155,000.

Cost Overview

Housing 35
Rent 56

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

About the Cost of Living in Taylorville

The median home value in Taylorville is $106,300 — 65% below the national median of $305,000. Median rent runs $738/month, 44% lower than the national median of $1,314/month. The median household income of $52,720/year is 29% lower than the US median of $74,580. The local unemployment rate is 4.8%, 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, Taylorville has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$106,300
65% below avg
Zillow Home Value
$132,277
Zillow ZHVI
Median Rent
$738/mo
44% below avg
Price-to-Rent Ratio
12.0x
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 64.5%
Renter-occupied 35.5%

💰 Estimated Monthly Budget

Rent median rent
$738
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,352/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
20.7 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.5%

Commute Mode

Drove alone
86.3%
Carpooled
9.2%
Walked
0.2%
Bicycle
0.6%
Work from home
3.5%

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
$52,720
29% below avg
Per Capita Income
$28,714
Unemployment Rate
4.8%
0% below avg
Poverty Rate
14.7%
Labor Force Participation
60.0%

🎓 Education

Bachelor's degree+ 10.5%
Graduate degree 5.8%

👥 Demographics

Median Age 39.5
Male median age 37.2
Female median age 42.9

Frequently Asked Questions

What is the cost of living in Taylorville, IL?

Taylorville has a cost index of 43 (100 = national average). It is 57% below the national average.

What is average rent in Taylorville, IL?

The median gross rent in Taylorville is $738 per month based on 2023 Census data.

What is the average home price in Taylorville?

The median home value in Taylorville is $106,300 according to Zillow and Census data.

What is the median income in Taylorville?

The median household income in Taylorville is $52,720 per year (2023 ACS 5-year estimates).

What is the sales tax in Taylorville, IL?

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

Is Taylorville, IL affordable?

Yes, Taylorville is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.

Taylorville at a Glance

Population
11,149
Median Income
$52,720
Home Value
$106,300
Median Rent
$738/mo
Unemployment
4.8%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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