Cost of Living in Kane County, Illinois

$1,404/mo
Median Monthly Rent
$303,000
Median Home Value

At a Glance

Median Monthly Rent
$1,404/mo
68% above state average
Median Home Value
$303,000
7% above national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Kane County Compares

Median monthly rent comparison

Kane County$1,404/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$1,404/mo
Median Gross Rent
$303,000
Median Home Value
$1,778/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Kane County ranks #1,885 of 3,144 counties for affordability (bottom 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Kane County, Illinois

Kane County's affluent housing markets

Kane County renters spend 16.7% of income on rent, slightly above the U.S. average of roughly 15%, yet the context differs sharply. With household income of $100,678—35% above the national median—most residents absorb the $1,404 rent with less strain than raw percentages suggest.

Above state average but highest incomes

Kane County's 16.7% rent-to-income ratio exceeds Illinois's 14.7% average, yet the county's median household income of $100,678 stands 27% above the state average. Higher rents ($1,404 vs. state median $837) reflect suburban Chicago's premium market pricing.

Pricier than Kendall County despite lower rents

Kane County's $1,404 rent undercuts Kendall County's $1,763, yet owner costs favor Kendall ($1,976 vs. $1,778). Both counties command Chicago-area premiums, but Kane's higher household incomes and lower home values ($303,000 vs. $298,900) create different affordability dynamics.

Kane County's affluent housing balance

Renters pay $1,404/month while homeowners average $1,778/month, consuming roughly 17% and 21% of household income respectively. The median home value of $303,000 reflects suburban Chicago positioning, but robust household incomes of $100,678 support these higher price points.

Premium pricing in suburban Chicago

Kane County suits middle- to upper-middle-class families prioritizing Chicago-area proximity over rock-bottom costs. Compare rents and home values with adjacent Kendall County, which offers slightly higher affordability stress but similar market positioning.

Cost of Living Advisory: Kane County

Affordability Verdict

Kane County is affordable for renters, with a median gross rent of $1,404/month representing approximately 16.7% of median household income. The rent burden (GRAPI) stands at 29.0%.

Rent vs. Own

At $1,404/month rent versus $1,778/month in owner costs, renting is roughly $374/month cheaper — a 21% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $56,160/year. For owner costs at the 28% rule, the required income is roughly $76,200/year. With a median household income of $100,678, most households can comfortably afford rent here. Notably, 29.0% of renter households in Kane County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Illinois, Kane County is less affordable than DuPage County by roughly 14% ($1,404/mo vs $1,628/mo).

Affordability Calculator

See how your income compares to housing costs in Kane County

$

Rent Burden

16.7%

of gross income

Max Housing (28% Rule)

$2,349

per month

Owner Cost Burden

21.2%

of gross income

The median home in Kane County may be a stretch

Median home value is $303,000. Estimated monthly cost: $2,419 vs. your max of $2,349.

Rent Affordability Guide

Your rent-to-income ratio16.7%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,678Needed: $56,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,678Needed: $76,200
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $100,678Needed: $70,516

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 Kane County, Illinois?
Kane County, Illinois has a median monthly rent of $1,404/mo and a median home value of $303,000. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Kane County?
The median gross rent in Kane County is $1,404/mo. This is 68% above state average for Illinois.
Is Kane County affordable?
Kane County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Kane County's rent compare to the state average?
Kane County's median rent of $1,404/mo is 68% above state average of $837/mo for Illinois.
What is the median home value in Kane County?
The median home value in Kane County, Illinois is $303,000. This is 7% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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