Cost of Living in Willow Springs, IL

Population 5,871 · Illinois · Data vintage 2023

113
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Willow Springs a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $371,000.

Geographically, Willow Springs sits roughly 12 miles southwest of Chicago. Median home values run roughly 18% higher than Chicago's $315,000.

Cost Overview

Housing 122
Rent 101

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

About the Cost of Living in Willow Springs

The median home value in Willow Springs is $370,900 — 22% above the national median of $305,000. Median rent runs $1,328/month, 1% higher than the national median of $1,314/month. The median household income of $103,429/year is 39% higher than the US median of $74,580. The local unemployment rate is 5.4%, 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%. Overall, Willow Springs has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.

🏠 Housing

Median Home Value
$370,900
22% above avg
Zillow Home Value
$262,340
Zillow ZHVI
Median Rent
$1,328/mo
1% above avg
Zillow Rent
$2,492/mo
Zillow ZORI
Price-to-Rent Ratio
23.3x
Favors renting
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 86.6%
Renter-occupied 13.4%

💰 Estimated Monthly Budget

Rent median rent
$1,328
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,942/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
28.4 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.3%

Commute Mode

Drove alone
80.8%
Carpooled
6.4%
Work from home
12.3%

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
$103,429
39% above avg
Per Capita Income
$57,082
Unemployment Rate
5.4%
12% above avg
Poverty Rate
5.1%
Labor Force Participation
64.0%

🎓 Education

Bachelor's degree+ 23.6%
Graduate degree 15.5%

👥 Demographics

Median Age 45.4
Male median age 44.6
Female median age 46.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 57 — Moderate
28.5%
Good air days/yr
223
Max AQI recorded
252
PM2.5 days
97
Ozone days

Frequently Asked Questions

What is the cost of living in Willow Springs, IL?

Willow Springs has a cost index of 113 (100 = national average). It is 13% above the national average.

What is average rent in Willow Springs, IL?

The median gross rent in Willow Springs is $1,328 per month based on 2023 Census data.

What is the average home price in Willow Springs?

The median home value in Willow Springs is $370,900 according to Zillow and Census data.

What is the median income in Willow Springs?

The median household income in Willow Springs is $103,429 per year (2023 ACS 5-year estimates).

What is the sales tax in Willow Springs, IL?

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

Is Willow Springs, IL affordable?

Willow Springs is above average in cost of living, with an index of 113 — about 13% higher than the national average.

Willow Springs at a Glance

Population
5,871
Median Income
$103,429
Home Value
$370,900
Median Rent
$1,328/mo
Unemployment
5.4%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

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