Cost of Living in Granite City, IL
Population 26,549 · Census ACS 2020–2024 5-year estimates
The median rent in Granite City, IL is $834/month, 35% lower than the Illinois median and 41% lower than the U.S. median. The median home value is $104,300, 69% lower than the national median. Households earn a median of $59,205 a year, 29% lower than the state median.
Affordability
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Granite City vs. Illinois vs. U.S.
| Granite City | Illinois | U.S. | |
|---|---|---|---|
| Median rent | $834 | $1,274 | $1,413 |
| Median home value | $104,300 | $263,300 | $332,700 |
| Median household income | $59,205 | $83,390 | $80,734 |
| Homeownership rate | 72.6% | 67.1% | 65.2% |
| Bachelor's degree or higher | 15.6% | 37.8% | 35.7% |
| Poverty rate | 14.8% | 11.8% | 12.5% |
| Unemployment rate | 5.7% | 5.8% | 5.2% |
| Work from home | 8.9% | 15.9% | 15.1% |
| Median age | 40.4 | 39.0 | 38.9 |
FAQ
What is the average rent in Granite City, IL?
The median gross rent in Granite City, IL is $834 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Granite City, IL?
Using the common 30% rule, renting a median-priced home takes about $33,360 a year in gross income.
Is Granite City, IL expensive to live in?
Rent there is 41% lower than the U.S. median, and the median home costs about 1.8 times the median household income.
Other cities in Illinois
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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