Cost of Living in Pike County, Illinois
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Pike County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Pike County, Illinois
Pike County's bargain rents shine
Pike County offers some of the lowest rents in this group at just $659 monthly, yielding a 13.6% rent-to-income ratio comfortably below both state (14.7%) and national averages. Despite a median household income of $58,029—below the national figure—residents here get genuine affordability.
Pike ranks highly for Illinois affordability
Pike County's 13.6% rent-to-income ratio positions it well within Illinois's more affordable counties, outperforming the state average by over one percentage point. The county's $659 median rent is the lowest among these eight, offering relief for budget-conscious renters.
Pike undercuts Perry and Pope
Pike County's $659 rent stands as the cheapest option here, beating Perry's $714 and Pope's $438 (though Pope's unusually low rent reflects its rural character). Pike homeowners pay $765 monthly, making ownership competitive with neighboring counties despite lower median incomes.
Bargain hunting pays off here
Pike County renters spend just $659 monthly while homeowners pay $765 for a $100,100 median home, among the least expensive in the region. Together, housing accounts for roughly 14% of the median $58,029 household income—manageable but leaving less cushion than higher-income counties.
Pike County for budget-conscious movers
Pike County delivers Illinois's lowest rents in this comparison, making it ideal for renters prioritizing cost control. If you earn a moderate income but need maximum affordability, Pike's $659 rents offer genuine relief.
Affordability Calculator
See how your income compares to housing costs in Pike County
Rent Burden
13.6%
of gross income
Max Housing (28% Rule)
$1,354
per month
Owner Cost Burden
15.8%
of gross income
You can likely afford the median home in Pike County
Median home value is $100,100. Estimated monthly cost: $799 vs. your max of $1,354.
Rent Affordability Guide
Frequently Asked Questions
What is the cost of living in Pike County, Illinois?
What is the median rent in Pike County?
Is Pike County affordable?
How does Pike County's rent compare to the state average?
What is the median home value in Pike County?
Planning a Move?
Researching the cost of living in Pike County, Illinois? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCounties with Similar Housing Costs
Compare Mortgage Rates in Pike County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.