States › Illinois › Monee

Is Monee, IL expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6337% lower than U.S. average
💵 Families earn per year (2026)$99,189about $8,266/month · 14% higher than U.S. average
🔑 House price$240,50028% lower than U.S. average

Rent is lower than in 51% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 33.9 minutes each way. Most homes (93%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $65,320 a year. That is $31 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

No. Rent here is more expensive than in most of Illinois. It is number 194 of 334 cities from cheapest to most expensive.

Monee
$1,633
Colona
$927
Hoopeston
$975
Milan
$1,065
South Barrington
$2,433
Berkeley
$1,586
Pinckneyville
$460

How much do households earn in Monee?

Under $25k
10.0%
$25k–50k
14.7%
$50k–100k
40.3%
$100k–150k
17.6%
$150k+
17.5%

Share of households by yearly income. 35.2% of households earn $100,000 or more.

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

Taxes and bills in Monee

🏛️ Property tax$8,270a year · 3.44% of home value · U.S. $3,119
⚡ Electric bill$127a month (typical) · U.S. $156

Life in Monee

Commute to work33.9 minU.S.: 26.4 min
College degree31.4%U.S.: 35.7%
Own their home93%U.S.: 65.2%
Below poverty line6.2%U.S.: 12.5%
Unemployment1.2%U.S.: 5.2%

Is it cheaper to rent or buy in Monee?

About the same. Renting and owning cost within $36 of each other each month.

Renting
$1,633
Owning
$1,669

Owning assumes a typical $240,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,050 for the down payment.

Frequently asked questions

What is the average rent in Monee, IL?

Renting in Monee costs a median of about $1,633 a month in 2026, including utilities. The Illinois median is $1,517.

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

To keep rent under 30% of income, you need about $65,320 a year, or $31 an hour at a full-time job.

Is Monee cheap or expensive?

Monee is rated Cheap: rent takes 19.8% of the typical household income of $99,189. It ranks 194th cheapest of 334 Illinois cities we track.

How much are property taxes in Monee?

The median homeowner in Monee pays $8,270 a year in property taxes, about 3.44% of the median home value.

Is Monee 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 Monee?

The median home value in Monee is $240,500, about 2.4 times the typical yearly household income.

5,108 people live in Monee. Numbers are typical (middle) values.