Rockford, Illinois has an overall cost of living index of 90.7, which is 9.3 points below the US average of 100 — making it more affordable than most American cities. Renters pay a median of $954 per month, while the typical home is valued around $120,900. Households earn a median of $53,328 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 14. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$53,328
Annual · Census ACS
Median Gross Rent
$954
Per month · Census ACS
Median Home Value
$120,900
Census ACS
Cost of Living Index
90.7
BEA RPP · US avg = 100
Studio FMR
$810
HUD Fair Market Rent
1BR Fair Market Rent
$895
HUD FMR
2BR Fair Market Rent
$1,175
HUD FMR
3BR Fair Market Rent
$1,555
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is indexed to the US average of 100. Below 100 = cheaper than average.
Overall
90.7
Goods
90.8
Rents / Housing
69.4
Services
93.4
Source: BEA Regional Price Parities (metro-level)
State Income Tax
4.95%
Top marginal rate
State Sales Tax
6.25%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | $112,440 |
| 🏥Registered Nurse | $82,870 |
| 📚Elementary Teacher | $66,570 |
| ⚡Electrician | $75,250 |
| 📊Accountant | $71,930 |
Source: BLS OEWS 2023 (metro-level data)
Population
147,649
Latest estimate
Median Age
37.5 yrs
Census ACS
Average AQI
14.0
Source: EPA AirNow
What is the cost of living index for Rockford?
Rockford has a Regional Price Parity (RPP) index of 90.7. The US national average is 100, so Rockford is 9.3 points below the national average.
What is the median rent in Rockford?
The median gross rent in Rockford is $954 per month according to US Census ACS data.
What is the median household income in Rockford?
The median household income in Rockford is $53,328 per year.
What is the median home value in Rockford?
The median home value in Rockford is $120,900 based on the latest Census ACS survey.
How is the air quality in Rockford?
Rockford has an average Air Quality Index (AQI) of 14.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Rockford?
Illinois has a top state income tax rate of 4.95% and a statewide sales tax of 6.25% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology