salaryRent is lower than in 77% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 16.6 minutes.
How much money do I need?
To rent here comfortably, you should earn about $47,360 a year. That is $23 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 87 of 334 cities from cheapest to most expensive.
How much do households earn in Galesburg?
Share of households by yearly income. 11.9% of households earn $100,000 or more.
Rent by apartment size in Galesburg
| Size | Galesburg | U.S. average |
|---|---|---|
| Studio | $288 | $1,338 |
| 1 bedroom | $634 | $1,324 |
| 2 bedrooms | $981 | $1,509 |
| 3 bedrooms | $1,072 | $1,698 |
| 4 bedrooms | $1,670 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Galesburg overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Galesburg, so the Illinois figure is shown.
Taxes and bills in Galesburg
Life in Galesburg
Is it cheaper to rent or buy in Galesburg?
Buying is cheaper month to month: about $515 a month less than renting.
Owning assumes a typical $96,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,640 for the down payment.
Frequently asked questions
What is the average rent in Galesburg, IL?
Renting in Galesburg costs a median of about $1,184 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Galesburg?
To keep rent under 30% of income, you need about $47,360 a year, or $23 an hour at a full-time job.
Is Galesburg cheap or expensive?
Galesburg is rated OK: rent takes 27.3% of the typical household income of $52,088. It ranks 87th cheapest of 334 Illinois cities we track.
How much are property taxes in Galesburg?
The median homeowner in Galesburg pays $1,917 a year in property taxes, about 1.99% of the median home value.
Is Galesburg 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 Galesburg?
The median home value in Galesburg is $96,400, about 1.9 times the typical yearly household income.
29,481 people live in Galesburg. Numbers are typical (middle) values.