States › Illinois › Coal City

Is Coal City, IL expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,24229% lower than U.S. average
💵 Families earn per year (2026)$78,576about $6,548/month · 10% lower than U.S. average
🔑 House price$201,60039% lower than U.S. average

Rent is lower than in 73% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (76.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $49,680 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

Yes. Rent here is cheaper than in most of Illinois. It is number 104 of 334 cities from cheapest to most expensive.

Coal City
$1,242
Highwood
$2,101
Posen
$1,517
Grandwood Park
$2,030
Pana
$756
Berkeley
$1,586
Lake Barrington
$3,500+

How much do households earn in Coal City?

Under $25k
8.2%
$25k–50k
27.4%
$50k–100k
34.7%
$100k–150k
13.1%
$150k+
16.2%

Share of households by yearly income. 29.3% of households earn $100,000 or more.

Rent by apartment size in Coal City

SizeCoal CityU.S. average
2 bedrooms$1,128$1,509
4 bedrooms$1,991$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Coal City overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Coal City, so the Illinois figure is shown.

Taxes and bills in Coal City

🏛️ Property tax$4,226a year · 2.10% of home value · U.S. $3,119
⚡ Electric bill$120a month (typical) · U.S. $156

Life in Coal City

Commute to work27.1 minU.S.: 26.4 min
College degree23.2%U.S.: 35.7%
Own their home76.9%U.S.: 65.2%
Below poverty line4.4%U.S.: 12.5%
Unemployment6.1%U.S.: 5.2%

Is it cheaper to rent or buy in Coal City?

Renting is cheaper right now: about $157 a month less.

Renting
$1,242
Owning
$1,399

Owning assumes a typical $201,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,160 for the down payment.

Frequently asked questions

What is the average rent in Coal City, IL?

Renting in Coal City costs a median of about $1,242 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Coal City?

To keep rent under 30% of income, you need about $49,680 a year, or $24 an hour at a full-time job.

Is Coal City cheap or expensive?

Coal City is rated Cheap: rent takes 19.0% of the typical household income of $78,576. It ranks 104th cheapest of 334 Illinois cities we track.

How much are property taxes in Coal City?

The median homeowner in Coal City pays $4,226 a year in property taxes, about 2.10% of the median home value.

Is Coal City more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Coal City?

The median home value in Coal City is $201,600, about 2.6 times the typical yearly household income.

5,317 people live in Coal City. Numbers are typical (middle) values.