Cost of Living in Wadsworth, IL
Population 3,535 · Illinois · Data vintage 2023
(100 = US avg)
Wadsworth is a smaller Illinois community of around 4000 residents, where median household incomes of $121,583 and housing costs ($378,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 12.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Wadsworth is about 35 miles northeast of Elgin, the nearest large metro. Median home values run roughly 50% higher than Elgin's $252,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wadsworth
The median home value in Wadsworth is $377,900 — 24% above the national median of $305,000. Median rent runs $1,052/month, 20% lower than the national median of $1,314/month. The median household income of $121,583/year is 63% higher than the US median of $74,580. The local unemployment rate is 12.7%, 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%. The climate averages highs of 57.2°F and lows of 39.3°F. Overall, Wadsworth has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.
Wadsworth has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 31 | 34 | 44 | 56 | 67 | 77 | 81 | 80 | 73 | 61 | 48 | 36 |
| Low °F | 16 | 18 | 27 | 36 | 46 | 56 | 62 | 61 | 54 | 43 | 31 | 22 |
| Precip" | 1.41 | 1.52 | 2.22 | 3.77 | 3.92 | 4.45 | 3.48 | 3.59 | 3.57 | 3.25 | 2.26 | 1.86 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Wadsworth, IL?
Wadsworth has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Wadsworth, IL?
The median gross rent in Wadsworth is $1,052 per month based on 2023 Census data.
What is the average home price in Wadsworth?
The median home value in Wadsworth is $377,900 according to Zillow and Census data.
What is the median income in Wadsworth?
The median household income in Wadsworth is $121,583 per year (2023 ACS 5-year estimates).
What is the sales tax in Wadsworth, IL?
The combined state and local sales tax rate in Wadsworth is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Wadsworth, IL affordable?
Wadsworth is near the national average in terms of cost of living, with an index of 106 (100 = US average).
What is the weather like in Wadsworth?
Wadsworth has average high temperatures of 57.2°F and average lows of 39.3°F. Annual precipitation is 35.3". Data from NOAA 1991–2020 Climate Normals.
Wadsworth at a Glance
- Population
- 3,535
- Median Income
- $121,583
- Home Value
- $377,900
- Median Rent
- $1,052/mo
- Unemployment
- 12.7%
- Avg High Temp
- 57.2°F
- Sales Tax
- 8.7%
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Illinois Rankings
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