States › Illinois › Woodstock

Is Woodstock, IL expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,40120% lower than U.S. average
💵 Families earn per year (2026)$89,255about $7,438/month · 3% higher than U.S. average
🔑 House price$245,70026% lower than U.S. average

Rent is lower than in 63% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $56,040 a year. That is $27 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 142 of 334 cities from cheapest to most expensive.

Woodstock
$1,401
Lockport
$1,599
Edwardsville
$1,837
Granite City
$697
Chicago Heights
$1,043
Oak Forest
$1,210
Vernon Hills
$2,695

How much do households earn in Woodstock?

Under $25k
11.3%
$25k–50k
17.7%
$50k–100k
37.1%
$100k–150k
19.3%
$150k+
10.7%

Share of households by yearly income. 29.9% of households earn $100,000 or more.

Rent by apartment size in Woodstock

SizeWoodstockU.S. average
Studio$1,000$1,338
1 bedroom$1,180$1,324
2 bedrooms$1,520$1,509
3 bedrooms$1,621$1,698

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

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

Taxes and bills in Woodstock

🏛️ Property tax$6,482a year · 2.64% of home value · U.S. $3,119
⚡ Electric bill$108a month (typical) · U.S. $156

Life in Woodstock

Commute to work24.6 minU.S.: 26.4 min
College degree30.6%U.S.: 35.7%
Own their home71.8%U.S.: 65.2%
Below poverty line6%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Woodstock?

Renting is cheaper right now: about $304 a month less.

Renting
$1,401
Owning
$1,705

Owning assumes a typical $245,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,570 for the down payment.

Frequently asked questions

What is the average rent in Woodstock, IL?

Renting in Woodstock costs a median of about $1,401 a month in 2026, including utilities. The Illinois median is $1,517.

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

To keep rent under 30% of income, you need about $56,040 a year, or $27 an hour at a full-time job.

Is Woodstock cheap or expensive?

Woodstock is rated Cheap: rent takes 18.8% of the typical household income of $89,255. It ranks 142nd cheapest of 334 Illinois cities we track.

How much are property taxes in Woodstock?

The median homeowner in Woodstock pays $6,482 a year in property taxes, about 2.64% of the median home value.

Is Woodstock 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 Woodstock?

The median home value in Woodstock is $245,700, about 2.8 times the typical yearly household income.

26,147 people live in Woodstock. Numbers are typical (middle) values.