Cost of Living in Woodstock, IL

Population 26,316 · Illinois · Data vintage 2023

81
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Woodstock's cost indicators track within a reasonable band of national figures, with median household incomes near $83,293 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Woodstock sits roughly 20 miles north of Elgin — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 8% lower than Elgin's $252,000.

Cost Overview

Housing 76
Rent 89

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

About the Cost of Living in Woodstock

The median home value in Woodstock is $231,100 — 24% below the national median of $305,000. Median rent runs $1,174/month, 11% lower than the national median of $1,314/month. The median household income of $83,293/year is 12% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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, Woodstock has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.

🏠 Housing

Median Home Value
$231,100
24% below avg
Zillow Home Value
$323,710
Zillow ZHVI
Median Rent
$1,174/mo
11% below avg
Zillow Rent
$1,474/mo
Zillow ZORI
Price-to-Rent Ratio
16.4x
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 68.4%
Renter-occupied 31.6%

💰 Estimated Monthly Budget

Rent median rent
$1,174
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,788/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
28.7 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.3%

Commute Mode

Drove alone
76.7%
Carpooled
8.6%
Public transit
0.3%
Walked
1.8%
Bicycle
0.1%
Work from home
11.3%

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
$83,293
12% above avg
Per Capita Income
$41,746
Unemployment Rate
4.0%
17% below avg
Poverty Rate
7.7%
Labor Force Participation
70.3%

🎓 Education

Bachelor's degree+ 18.4%
Graduate degree 13.0%

👥 Demographics

Median Age 37.1
Male median age 35.3
Female median age 39.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 49 — Good
52.3%
Good air days/yr
230
Max AQI recorded
247
PM2.5 days
118
Ozone days

Frequently Asked Questions

What is the cost of living in Woodstock, IL?

Woodstock has a cost index of 81 (100 = national average). It is 19% below the national average.

What is average rent in Woodstock, IL?

The median gross rent in Woodstock is $1,174 per month based on 2023 Census data.

What is the average home price in Woodstock?

The median home value in Woodstock is $231,100 according to Zillow and Census data.

What is the median income in Woodstock?

The median household income in Woodstock is $83,293 per year (2023 ACS 5-year estimates).

What is the sales tax in Woodstock, IL?

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

Is Woodstock, IL affordable?

Yes, Woodstock is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.

Woodstock at a Glance

Population
26,316
Median Income
$83,293
Home Value
$231,100
Median Rent
$1,174/mo
Unemployment
4.0%
Sales Tax
8.7%
View all cities in Illinois →
🗺️ County data for Illinois

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs