Cost of Living in Bond County, Illinois
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Bond County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Bond County ranks #1,072 of 3,144 counties for affordability (top 34%)
Data Story
About Cost of Living in Bond County, Illinois
Bond stays under affordability pressure
Bond County renters spend 14.3% of income on housing, landing below both the national average (14.7%) and Illinois state average (14.7%). With a median income of $61,603, residents here achieve slightly better affordability than many peers despite modest earnings.
Best affordability in this sample
Bond County's 14.3% rent-to-income ratio is the lowest among these eight counties and slightly below Illinois's statewide average. Median rent of $735 undercuts the state median of $837 by about $100, giving renters breathing room.
Competitive rents across region
Bond County's $735 monthly rent positions it in the affordable zone compared to surrounding southern and central Illinois counties. Similar income levels and housing costs across this region suggest consistent economic conditions.
Renters win; owners stretch
Renters in Bond County enjoy the county's best affordability ratio at 14.3%, while homeowners pay $865 monthly (16.8% of income) for mortgages on homes averaging $133,100. The split suggests this is a renter-friendly market.
Sweet spot for budget-conscious renters
If affordable rent is your priority, Bond County offers one of the best value propositions in Illinois while maintaining reasonable income levels. Visit to check local job markets and community amenities before making your move.
Cost of Living Advisory: Bond County
Affordability Verdict
Housing in Bond County is affordable. The median rent is $735/month against a median household income of $61,603, putting rent at 14.3% of income.
Rent vs. Own
The median rent in Bond County is $735/month, while owner costs run $865/month. Renting saves approximately $130/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,400/year. For owner costs at the 28% rule, the required income is roughly $37,071/year. With a median household income of $61,603, most households can comfortably afford rent here. Notably, 21.0% of renter households in Bond County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Macoupin County where rent averages $789/month, Bond County is approximately 7% less expensive.
Affordability Calculator
See how your income compares to housing costs in Bond County
Rent Burden
14.3%
of gross income
Max Housing (28% Rule)
$1,437
per month
Owner Cost Burden
16.8%
of gross income
You can likely afford the median home in Bond County
Median home value is $133,100. Estimated monthly cost: $1,063 vs. your max of $1,437.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Bond County, Illinois?
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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