Cost of living in Freeport, Illinois

Cost of living
compared to USA

moderate

Cost of living
compared to Illinois

low

Median household
income

the lowest

Is it expensive to live in Freeport, Illinois? When calculating the cost of living in Freeport, Illinois we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Freeport, Illinois is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois, while median household income in Freeport is $39,787 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois.

Taxes in Freeport, Illinois

The sales tax rate in Freeport, Illinois is 8.0%. Last year, the average property taxes paid was 2.7% Freeport, Illinois.

The state income tax in the state of Illinois is 4.95%.

Housing costs in Freeport, Illinois

The average cost of
a single-family home
compated to USA

the lowest

The average cost of
a single-family home
compated to Illinois

the lowest

In Freeport, Illinois, 58.0% of the population owns their homes, while approximately 42.0% rent. The average cost of a single-family home in Freeport, Illinois in 2023 is $134,550 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Illinois. The average one-bedroom apartment cost is approximately $[no data] per month.

Rental Size	Monthly Cost	Compared to Illinois
1 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$[no data]	[no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest