States › Illinois › Quincy

Is Quincy, IL expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,05340% lower than U.S. average
💵 Families earn per year (2026)$60,914about $5,076/month · 30% lower than U.S. average
🔑 House price$153,20054% lower than U.S. average

Rent is lower than in 85% 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 13.6 minutes.

How much money do I need?

To rent here comfortably, you should earn about $42,120 a year. That is $20 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 64 of 334 cities from cheapest to most expensive.

Quincy
$1,053
$1,095
$2,135
$1,177

How much do households earn in Quincy?

Under $25k
17.9%
$25k–50k
27.2%
$50k–100k
30.1%
$100k–150k
12.1%
$150k+
5.5%

Share of households by yearly income. 17.5% of households earn $100,000 or more.

Rent by apartment size in Quincy

SizeQuincyU.S. average
Studio$656$1,338
1 bedroom$739$1,324
2 bedrooms$1,019$1,509
3 bedrooms$1,141$1,698
4 bedrooms$1,535$2,098

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

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

Taxes and bills in Quincy

🏛️ Property tax$2,491a year · 1.63% of home value · U.S. $3,119
⚡ Electric bill$179a month (typical) · U.S. $156

Life in Quincy

Commute to work13.6 minU.S.: 26.4 min
College degree27.8%U.S.: 35.7%
Own their home63.6%U.S.: 65.2%
Below poverty line16.7%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Quincy?

About the same. Renting and owning cost within $10 of each other each month.

Renting
$1,053
Owning
$1,063

Owning assumes a typical $153,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,320 for the down payment.

Frequently asked questions

What is the average rent in Quincy, IL?

Renting in Quincy costs a median of about $1,053 a month in 2026, including utilities. The Illinois median is $1,517.

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

To keep rent under 30% of income, you need about $42,120 a year, or $20 an hour at a full-time job.

Is Quincy cheap or expensive?

Quincy is rated OK: rent takes 20.7% of the typical household income of $60,914. It ranks 64th cheapest of 334 Illinois cities we track.

How much are property taxes in Quincy?

The median homeowner in Quincy pays $2,491 a year in property taxes, about 1.63% of the median home value.

Is Quincy 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 Quincy?

The median home value in Quincy is $153,200, about 2.5 times the typical yearly household income.

39,109 people live in Quincy. Numbers are typical (middle) values.