Cost of Living in Richland County, Illinois
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Richland County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Richland County, Illinois
Richland County tests affordability limits
Richland County's 15.0% rent-to-income ratio exceeds the state average of 14.7%, creating slightly elevated housing burden for its residents. With a median household income of $60,404—below the national average—and rent of $754, affordability is tight but manageable.
Richland slightly above state average
Richland County's 15.0% rent-to-income ratio ranks slightly above Illinois's state average, placing it among the less affordable counties in this comparison. The county's $754 median rent contributes to this burden despite moderate housing costs.
Richland pricier than most peers
Richland County's $754 median rent exceeds Pike ($659) and Putnam ($804) is surprisingly similar, but Richland residents earn less than Putnam, creating greater affordability stress. At $698, homeowner costs are moderate, but the rental burden remains the regional challenge.
Renters face the greatest pressure
Richland County renters pay $754 monthly while homeowners pay $698 for the $106,600 median home, placing heavier burden on renters. Housing consumes 15% of the $60,404 median household income—above the comfort zone and leaving less flexibility for other needs.
Richland for committed relocators
Richland County offers moderate housing costs but requires household incomes above $60,000 to avoid affordability strain. Renters should carefully budget before relocating; homebuyers may find better value in neighboring counties.
Affordability Calculator
See how your income compares to housing costs in Richland County
Rent Burden
15.0%
of gross income
Max Housing (28% Rule)
$1,409
per month
Owner Cost Burden
13.9%
of gross income
You can likely afford the median home in Richland County
Median home value is $106,600. Estimated monthly cost: $851 vs. your max of $1,409.
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.