Cost of Living in McDonough County, Illinois

$730/mo
Median Monthly Rent
$103,500
Median Home Value
13% below state averageUnaffordable

At a Glance

Median Monthly Rent
$730/mo
13% below state average
Median Home Value
$103,500
63% below national
Rent-to-Income Ratio
30.0%
% 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 McDonough County Compares

Median monthly rent comparison

McDonough County$730/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$730/mo
Median Gross Rent
$103,500
Median Home Value
$832/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in McDonough County, Illinois

McDonough faces Illinois's hardest affordability

McDonough County's rent-to-income ratio of 17.4% is the highest among all Illinois counties reviewed and significantly above the national norm of ~15%. With a median household income of just $50,434—the lowest in this analysis—residents here face genuine affordability stress.

Illinois's most strained rental market

McDonough's 17.4% rent-to-income ratio far exceeds the Illinois state average of 14.7%, making it the most burdened county in this review. The gap signals that McDonough residents dedicate significantly more of their income to housing than their state peers.

Lowest income, highest burden

McDonough's median income of $50,434 is lowest among regional peers, yet its rent of $730/month creates a 17.4% burden—higher than all neighbors. This mismatch reveals structural affordability challenges: McDonough's housing costs are moderate, but incomes are too low to support them comfortably.

Housing dominates household budgets

McDonough residents earning $50,434 median income spend $730/month on rent (17.4%) or $832/month on homeownership (19.7%). These figures mean roughly one-third or more of gross income goes to housing, severely constraining budgets for food, healthcare, and savings.

McDonough demands careful planning

If considering McDonough County, understand that it faces Illinois's toughest affordability landscape with the lowest incomes and highest rent burden. Relocating here requires strong job prospects or significant savings; compare this reality to more affordable neighbors like Marion or Marshall before committing.

Affordability Calculator

See how your income compares to housing costs in McDonough County

$

Rent Burden

17.4%

of gross income

Max Housing (28% Rule)

$1,177

per month

Owner Cost Burden

19.8%

of gross income

You can likely afford the median home in McDonough County

Median home value is $103,500. Estimated monthly cost: $826 vs. your max of $1,177.

Rent Affordability Guide

Your rent-to-income ratio17.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in McDonough County, Illinois?
McDonough County, Illinois has a median monthly rent of $730/mo and a median home value of $103,500. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in McDonough County?
The median gross rent in McDonough County is $730/mo. This is 13% below state average for Illinois.
Is McDonough County affordable?
McDonough County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does McDonough County's rent compare to the state average?
McDonough County's median rent of $730/mo is 13% below state average of $837/mo for Illinois.
What is the median home value in McDonough County?
The median home value in McDonough County, Illinois is $103,500. This is 63% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.