States › Illinois › Paris

Is Paris, IL expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$85951% lower than U.S. average
💵 Families earn per year (2026)$58,160about $4,847/month · 33% lower than U.S. average
🔑 House price$75,70077% 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 14 minutes.

How much money do I need?

To rent here comfortably, you should earn about $34,360 a year. That is $17 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 23 of 334 cities from cheapest to most expensive.

Paris
$859
$3,500+
$1,266
$1,448
$1,460
$2,633

How much do households earn in Paris?

Under $25k
20.9%
$25k–50k
33.1%
$50k–100k
32.2%
$100k–150k
9.9%
$150k+
2.4%

Share of households by yearly income. 12.3% of households earn $100,000 or more.

Rent by apartment size in Paris

SizeParisU.S. average
1 bedroom$671$1,324
2 bedrooms$811$1,509
3 bedrooms$959$1,698
4 bedrooms$1,350$2,098

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

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

Taxes and bills in Paris

🏛️ Property tax$1,366a year · 1.80% of home value · U.S. $3,119
⚡ Electric bill$192a month (typical) · U.S. $156

Life in Paris

Commute to work14 minU.S.: 26.4 min
College degree16.8%U.S.: 35.7%
Own their home64.7%U.S.: 65.2%
Below poverty line12.5%U.S.: 12.5%
Unemployment5%U.S.: 5.2%

Is it cheaper to rent or buy in Paris?

Buying is cheaper month to month: about $334 a month less than renting.

Renting
$859
Owning
$525

Owning assumes a typical $75,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $7,570 for the down payment.

Frequently asked questions

What is the average rent in Paris, IL?

Renting in Paris costs a median of about $859 a month in 2026, including utilities. The Illinois median is $1,517.

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

To keep rent under 30% of income, you need about $34,360 a year, or $17 an hour at a full-time job.

Is Paris cheap or expensive?

Paris is rated Cheap: rent takes 17.7% of the typical household income of $58,160. It ranks 23rd cheapest of 334 Illinois cities we track.

How much are property taxes in Paris?

The median homeowner in Paris pays $1,366 a year in property taxes, about 1.80% of the median home value.

Is Paris 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 Paris?

The median home value in Paris is $75,700, about 1.3 times the typical yearly household income.

8,276 people live in Paris. Numbers are typical (middle) values.