Cost of Living in Grundy County, Illinois
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Grundy County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Grundy County, Illinois
Grundy County highest earners in region
Renters in Grundy County earn a median of $93,060—$18,000 above the national average—and spend 14.7% of income on housing, right at Illinois's state average. At $1,137 monthly rent, Grundy is the most expensive among these eight counties, yet strong wages mean it remains the most financially stable option regionally.
Higher costs, higher incomes in Illinois
Grundy County's 14.7% rent-to-income ratio matches Illinois's state average exactly, despite rents running 36% above the state median of $837. The match reflects Grundy's fundamental advantage: household incomes significantly outpace state and national norms, enabling support for higher housing costs.
Premium prices for premium incomes
Grundy County's $1,137 monthly rent and $93,060 median income dwarf all neighbors—rents run $300+ above most peers, yet incomes exceed every county by $20,000-plus. The county represents a different housing market entirely: higher wages supporting higher costs, with strong affordability relative to income.
High costs justified by strong wages
Grundy households earn $93,060 annually, dedicating $1,137 monthly to rent (14.7% of income) and $1,573 to mortgages, with the median home value reaching $259,200. Despite the highest absolute costs in this comparison, the rent-to-income ratio remains sustainable due to exceptional local wages.
Grundy for those with strong careers
Grundy County is worth considering only if you're relocating with a job matching or exceeding its $93,060 median income—otherwise, housing costs will overwhelm your budget. Its superior affordability ratio and home values reflect a stronger economic base; compare with Effingham if your income falls short of Grundy's premium.
Affordability Calculator
See how your income compares to housing costs in Grundy County
Rent Burden
14.7%
of gross income
Max Housing (28% Rule)
$2,171
per month
Owner Cost Burden
20.3%
of gross income
You can likely afford the median home in Grundy County
Median home value is $259,200. Estimated monthly cost: $2,069 vs. your max of $2,171.
Rent Affordability Guide
Frequently Asked Questions
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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.