Cost of living index

Kankakee, IL

96.4 / 100

Living in Kankakee, IL is 3.6% cheaper than the US average — the #140 of 387 highest nationally.

Median rent: $1,075/mo

Median home value: $185,700

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

Winter
36° / 22°F
(2° / -6°C)
4.7 in precip
Spring
60° / 42°F
(16° / 6°C)
9.5 in precip
Summer
83° / 66°F
(28° / 19°C)
11.6 in precip
Fall
63° / 47°F
(17° / 8°C)
8.6 in precip

30-year climate normals (1991–2020) from CHICAGO MIDWAY AP, via NOAA.

The Kankakee, IL metro area has an overall price level of 96.4 compared with the national average of 100, meaning everyday costs run about 3.6% lower than a typical US metro. Housing tells the sharper story: at 92.9 it is 7.1% 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.

Overall#140 of 387
96.4
Goods#377 of 387
93.6
Housing rents#127 of 387
92.9
Utilities#174 of 387
89.4
Other services#98 of 387
99.6

Kankakee, IL is moved down the most by utilities, at 89.4 vs a US average of 100, while the closest to average is other services.

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

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.

Is Kankakee, IL an expensive place to live?

Kankakee, IL has an overall cost-of-living index of 96.4, where 100 is the US average. That makes it about 3.6% cheaper than the country as a whole.

Is housing expensive in Kankakee, IL?

Housing rents in Kankakee, IL score 92.9 against a US average of 100 — roughly 7.1% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

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

Overall prices in Kankakee, IL sit at 96.4 versus 100 for the US average, with housing at 92.9. Figures come from the US Bureau of Economic Analysis for 2024.