Cost of Living in Tuscola, IL

Population 4,675 · Illinois · Data vintage 2023

55
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Tuscola can reasonably expect a home to cost less than three years of household income — $148,000 against $77,034 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 0.8% — below most comparable cities in the state.

Tuscola is about 75 miles east of Springfield, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Springfield's $155,000 median.

Cost Overview

Housing 49
Rent 64

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

About the Cost of Living in Tuscola

The median home value in Tuscola is $148,100 — 51% below the national median of $305,000. Median rent runs $837/month, 36% lower than the national median of $1,314/month. The median household income of $77,034/year is 3% higher than the US median of $74,580. The local unemployment rate is 0.8%, 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, Tuscola has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.

🏠 Housing

Median Home Value
$148,100
51% below avg
Zillow Home Value
$240,504
Zillow ZHVI
Median Rent
$837/mo
36% below avg
Price-to-Rent Ratio
14.7x
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 72.1%
Renter-occupied 27.9%

💰 Estimated Monthly Budget

Rent median rent
$837
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,451/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
85.4%
Carpooled
4.6%
Walked
6.0%
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
$77,034
3% above avg
Per Capita Income
$40,062
Unemployment Rate
0.8%
84% below avg
Poverty Rate
7.7%
Labor Force Participation
69.4%

🎓 Education

Bachelor's degree+ 17.3%
Graduate degree 8.1%

👥 Demographics

Median Age 37
Male median age 35.7
Female median age 38.9

Frequently Asked Questions

What is the cost of living in Tuscola, IL?

Tuscola has a cost index of 55 (100 = national average). It is 45% below the national average.

What is average rent in Tuscola, IL?

The median gross rent in Tuscola is $837 per month based on 2023 Census data.

What is the average home price in Tuscola?

The median home value in Tuscola is $148,100 according to Zillow and Census data.

What is the median income in Tuscola?

The median household income in Tuscola is $77,034 per year (2023 ACS 5-year estimates).

What is the sales tax in Tuscola, IL?

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

Is Tuscola, IL affordable?

Yes, Tuscola is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.

Tuscola at a Glance

Population
4,675
Median Income
$77,034
Home Value
$148,100
Median Rent
$837/mo
Unemployment
0.8%
Sales Tax
8.7%
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🗺️ County data for Illinois

Explore county-level cost of living data

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