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Cost of Living in Kane County, IL

Population 517,255 · Census ACS 2020–2024 5-year estimates

Median rent$1,453
Median home value$327,000
Median household income$103,163

The median rent in Kane County, IL is $1,453/month, 14% higher than the Illinois median and 3% higher than the U.S. median. The median home value is $327,000, about the same as the national median. Households earn a median of $103,163 a year, 24% higher than the state median.

Affordability

Rent as a share of median income: 16.9%
Income needed for median rent (30% rule): $58,120/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,653/mo

Run your own numbers: mortgage calculator · hourly to salary

Kane County vs. Illinois vs. U.S.

Kane CountyIllinoisU.S.
Median rent$1,453$1,274$1,413
Median home value$327,000$263,300$332,700
Median household income$103,163$83,390$80,734
Homeownership rate76.0%67.1%65.2%
Bachelor's degree or higher38.1%37.8%35.7%
Poverty rate7.9%11.8%12.5%
Unemployment rate4.8%5.8%5.2%
Work from home15.9%15.9%15.1%
Median age38.839.038.9

FAQ

What is the average rent in Kane County, IL?

The median gross rent in Kane County, IL is $1,453 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Kane County, IL?

Using the common 30% rule, renting a median-priced home takes about $58,120 a year in gross income.

Is Kane County, IL expensive to live in?

Rent there is 3% higher than the U.S. median, and the median home costs about 3.2 times the median household income.

Other counties in Illinois

Cook County, ILRent $1,435 · Income $83,498DuPage County, ILRent $1,688 · Income $112,096Lake County, ILRent $1,477 · Income $110,416Will County, ILRent $1,462 · Income $109,984McHenry County, ILRent $1,401 · Income $104,802Winnebago County, ILRent $1,021 · Income $65,837

Counties with a similar cost of living

Lower Connecticut River Valley Planning Region, CTRent $1,454 · Income $104,428Anoka County, MNRent $1,464 · Income $101,869Juneau City and Borough, AKRent $1,444 · Income $101,661Anchorage Municipality, AKRent $1,489 · Income $103,284Hendricks County, INRent $1,436 · Income $101,144Union County, NCRent $1,496 · Income $102,900

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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