Cost of living index

Champaign, IL

92.7 / 100

Living in Champaign, IL is 7.3% cheaper than the US average — the #218 of 387 highest nationally.

Median rent: $1,008/mo

Median home value: $194,400

Figures — including the cost index, median rent, and median home value — cover the wider Champaign, IL metropolitan area, not individual neighbourhoods or city boundaries.

Seasonal weather

Winter

36° / 21°F

(2° / -6°C)

6.6 in precip

Spring

62° / 40°F

(17° / 4°C)

11.1 in precip

Summer

83° / 60°F

(28° / 16°C)

12.6 in precip

Fall

64° / 42°F

(18° / 6°C)

9.3 in precip

30-year climate normals (1991–2020) from CHAMPAIGN 9 SW, via NOAA.

What it costs to live in Champaign, IL

The Champaign, IL metro area has an overall price level of 92.7 compared with the national average of 100, meaning everyday costs run about 7.3% lower than a typical US metro. Housing tells the sharper story: at 71.6 it is 28.4% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Cost breakdown

Overall#218 of 387

92.7

Goods#368 of 387

93.6

Housing rents#252 of 387

71.6

Utilities#155 of 387

90.5

Other services#92 of 387

99.6

Champaign, IL is moved down the most by housing rents, at 71.6 vs a US average of 100, while the closest to average is other services.

How Champaign, IL compares

Other metros in Illinois

Bloomington, IL93.5 Chicago, IL103.6 Decatur, IL88.4 Kankakee, IL96.4 Peoria, IL91.2 Rockford, IL92.2 Springfield, IL92.7

Browse Illinois →See the cheapest and most expensive US metros →

Data source

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Common questions

Is Champaign, IL an expensive place to live?

Champaign, IL has an overall cost-of-living index of 92.7, where 100 is the US average. That makes it about 7.3% cheaper than the country as a whole.

Is housing expensive in Champaign, IL?

Housing rents in Champaign, IL score 71.6 against a US average of 100 — roughly 28.4% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Champaign, IL compare to the US average cost of living?

Overall prices in Champaign, IL sit at 92.7 versus 100 for the US average, with housing at 71.6. Figures come from the US Bureau of Economic Analysis for 2024.