What Salary Do You Need to Live Comfortably in Rockford, IL in 2024?
Overall, on average, a gross annual salary of $52,745 is required for an average quality of life in Rockford, IL.
Is the Cost of Living High in Rockford, IL?
Rockford, IL is ranked 31st out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheapest cities in which to live in the U.S. Rockford, IL's average monthly rent is 47% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Rockford, IL in 2024?
A gross annual salary of $50,000 in Rockford, IL will yield an average annual net salary of $43,407. Considering that the total average annual cost of living in Rockford, IL is $39,065, a gross annual salary of $50,000 will be sufficient to cover average living costs.
How Much Should You Pay for Rent in Rockford, IL?
The average monthly rent in Rockford, IL in the city center is $1,004 for a 1 bedroom apartment, $1,302 for a 2 bedroom apartment and $1,602 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $806 for a 1 bedroom apartment, $1,006 for a 2 bedroom apartment and $1,206 for a 3 bedroom apartment.