Geneseo, IL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Geneseo, IL Summary

Cost of living in Geneseo research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Geneseo is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Geneseo is 89, with 100 being the average.

  • The cost of living index in Geneseo is 0.9x lower than the national average.

  • Geneseo ranks as the #90 cheapest in Illinois out of 338.

  • Geneseo ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Geneseo is $164,000.

  • The median income in Geneseo is $59,327.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Geneseo's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Geneseo, IL?

According to the most recent data on the cost of living, Geneseo has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Illinois, Geneseo has a cost of living index that's 1.0x lower than Illinois's index of 92.

The standard of living in Geneseo ranks as #90 most affordable out of the 338 places we measured in Illinois. By definition, that implies Geneseo ranks as the #248 most expensive place in the Prairie State.

For more reading on life in Geneseo, check out:

90 out of 338
In Illinois
1,460 out of 6,412
In America

Geneseo Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Geneseo. Here is how it fairs on each of the criteria:

  • The Services index in Geneseo is 96.

  • The Groceries index in Geneseo is 104.

  • The Health index in Geneseo is 108.

  • The Housing index in Geneseo is 74.

  • The Transportation index in Geneseo is 105.

  • The Utilities index in Geneseo is 92.

Living Expense Geneseo Illinois National Average
Overall 89 92 100
Services 96 95 100
Groceries 104 98 100
Health 108 96 100
Housing 74 81 100
Transportation 105 105 100
Utilities 92 90 100
For more reading on cost of living around Illinois, check out:
Geneseo Cost of Living Vs. IL

Geneseo, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Geneseo is $164,000.

  • The Median Rent in Geneseo is $863.

  • The Median Income in Geneseo is $59,327.

  • The Home Value To Income in Geneseo is 2.8x.

  • The Rent To Monthly Income in Geneseo is 0.17x.

Statistic Geneseo Illinois United States
Median Home Value $164,000 $212,600 $244,900
Median Rent $863 $1,097 $1,163
Median Income $59,327 $72,563 $69,021
Home Value To Income 2.8x 2.9x 3.5x
Rent To Monthly Income 0.17x 0.18x 0.2x
Search Homes For Sale In Geneseo, IL
$164,000
Median Home Value
$863
Median Rent
$59,327
Median Income

Geneseo, IL Costs By Category

Detailed Geneseo Services Costs Vs. Illinois

Item Geneseo Illinois
Shampoo $1.21 $1.06
Movie $10.98 $10.68
Bowling $12.33 $14.67
Haircut $12.33 $18.62
Beauty Salon $34.5 $39.05

Detailed Geneseo Groceries Costs Vs. Illinois

Item Geneseo Illinois
Ground Beef $3.94 $4.22
Fried Chicken $1.53 $1.39
Milk $2.6 $2.05
Potatoes $3.47 $3.29
Pizza $12.71 $10.62
Beer $8.9 $9.38
Toothpaste $3.14 $2.34

Detailed Geneseo Health Costs Vs. Illinois

Item Geneseo Illinois
Optometrist $93.08 $108.57
Doctor $142.33 $116.17
Dentist $96.83 $99.13

Detailed Geneseo Transportation Costs Vs. Illinois

Item Geneseo Illinois
Gasoline $2.16 $2.22
Tire Balancing $61.0 $50.07

Detailed Geneseo Utilities Costs Vs. Illinois

Item Geneseo Illinois
All Electricity $137.99 $167.67
Phone $191.29 $175.64

Geneseo SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8
Diversity
3
Safety
N/A
Amenities
8
Education
8.5
Commute
9.5

Cost Of Living In Cities Around Geneseo

The cost of living varies in the cities and towns around Geneseo. Here's a quick look at the cost of living in the most populous nearby places:

  • Moline, IL has a cost of living index of 90, 1.0x Geneseo.

  • Bettendorf, IA has a cost of living index of 97, 1.1x Geneseo.

  • East Moline, IL has a cost of living index of 88, 1.0x Geneseo.

City Population Cost Of Living Vs. Geneseo
Moline, IL 42,660 90 1.0x
Bettendorf, IA 38,631 97 1.1x
East Moline, IL 21,181 88 1.0x
Kewanee, IL 12,485 79 0.9x
Silvis, IL 7,942 87 1.0x
Colona, IL 5,339 87 1.0x

Articles About Illinois

Enjoy The Snack?