States › Illinois › Mattoon

Is Mattoon, IL expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$73158% lower than U.S. average
💵 Families earn per year (2026)$55,647about $4,637/month · 36% lower than U.S. average
🔑 House price$97,70071% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.1 minutes.

How much money do I need?

To rent here comfortably, you should earn about $29,240 a year. That is $14 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 9 of 334 cities from cheapest to most expensive.

Mattoon
$731
$1,727
$1,153

How much do households earn in Mattoon?

Under $25k
26.2%
$25k–50k
27.8%
$50k–100k
30.7%
$100k–150k
8.9%
$150k+
1.3%

Share of households by yearly income. 10.2% of households earn $100,000 or more.

Rent by apartment size in Mattoon

SizeMattoonU.S. average
Studio$524$1,338
1 bedroom$592$1,324
2 bedrooms$963$1,509
3 bedrooms$1,119$1,698

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

How expensive is Mattoon 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 Mattoon, so the Illinois figure is shown.

Taxes and bills in Mattoon

🏛️ Property tax$1,941a year · 1.99% of home value · U.S. $3,119
⚡ Electric bill$175a month (typical) · U.S. $156

Life in Mattoon

Commute to work18.1 minU.S.: 26.4 min
College degree19.5%U.S.: 35.7%
Own their home55.8%U.S.: 65.2%
Below poverty line21.3%U.S.: 12.5%
Unemployment6.5%U.S.: 5.2%

Is it cheaper to rent or buy in Mattoon?

Buying is cheaper month to month: about $53 a month less than renting.

Renting
$731
Owning
$678

Owning assumes a typical $97,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,770 for the down payment.

Frequently asked questions

What is the average rent in Mattoon, IL?

Renting in Mattoon costs a median of about $731 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Mattoon?

To keep rent under 30% of income, you need about $29,240 a year, or $14 an hour at a full-time job.

Is Mattoon cheap or expensive?

Mattoon is rated Cheap: rent takes 15.8% of the typical household income of $55,647. It ranks 9th cheapest of 334 Illinois cities we track.

How much are property taxes in Mattoon?

The median homeowner in Mattoon pays $1,941 a year in property taxes, about 1.99% of the median home value.

Is Mattoon 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 Mattoon?

The median home value in Mattoon is $97,700, about 1.8 times the typical yearly household income.

16,586 people live in Mattoon. Numbers are typical (middle) values.