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.
How much do households earn in Quincy?
Share of households by yearly income. 17.5% of households earn $100,000 or more.
Rent by apartment size in Quincy
| Size | Quincy | U.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).
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
Life in Quincy
Is it cheaper to rent or buy in Quincy?
About the same. Renting and owning cost within $10 of each other each month.
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.