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Peoria, IL

Cost of living in Woodford County, IL

Part of the Peoria Metro Area

Estimated monthly cost
$3,017/mo
for a single person, all categories combined

Population 38,348 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $790 26%
Federal tax $650 22%
Healthcare $480 16%
Groceries $345 11%
Transport $320 11%
State tax $205 7%
Energy $177 6%
Water $50 2%

Rent in Woodford County

Fair Market Rents by bedroom count.

Studio
$718
per month
1 bedroom
$790
per month
2 bedroom
$1,003
per month
3 bedroom
$1,300
per month
4 bedroom
$1,364
per month

Source: HUD FMR FY2025

Income and earnings in Woodford County

Annual earnings figures from the Census ACS.

Household income
$85,629
per year
Individual earnings
$49,806
per year
Per capita
$43,032
per year

Source: ACS 2019-2023 5-Year.

Home values in Woodford County

Average values reported by homeowners.

Average home value
$193,800
Annual property tax
$4,224

Source: ACS 2019-2023 5-Year

Energy costs in Woodford County

Estimated monthly electricity and gas costs.

Electricity
$116
per month · 16.5¢/kWh
Natural gas
$61
per month
Annual total
$2,124
per year

Source: EIA

Healthcare in Woodford County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
5.1%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Woodford County

State and local tax rates for Illinois.

State income tax
5.0%
Flat rate
State sales tax
6.3%
Combined sales tax
8.8%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Woodford County

Commute patterns and estimated costs.

Average commute
24.3 min
Drive alone
79.2%
Public transit
0.1%
Work from home
11.1%

Source: ACS

Monthly cost estimates for Woodford County

What it costs to live in Woodford County each month.

Single person
$3,017
per month
  • Rent $790
  • Energy $177
  • Water $50
  • Groceries $345
  • Transport $320
  • Healthcare $480
  • Federal tax $650
  • State tax $205
Couple
$4,556
per month
  • Rent $1,003
  • Energy $212
  • Water $60
  • Groceries $572
  • Transport $420
  • Healthcare $864
  • Federal tax $1,072
  • State tax $353
Family
$6,998
per month
  • Rent $1,300
  • Energy $266
  • Water $70
  • Groceries $867
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $1,072
  • State tax $353

Frequently asked questions about Woodford County

Common questions about cost of living, rent and salary.

What is the average rent in Woodford County?

In Woodford County, IL, a one-bedroom apartment averages $790 per month, a two-bedroom averages $1,003 per month, a three-bedroom averages $1,300 per month, according to HUD Fair Market Rent data.

What is the average salary in Woodford County?

In Woodford County, IL, the average household income is $85,629 per year and individual earnings for full-time workers average $49,806 per year, according to U.S. Census Bureau data.

What is the cost of living in Woodford County?

The estimated cost of living in Woodford County, IL is approximately $3,017 per month for a single person, $4,556 for a couple, $6,998 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Woodford County?

The combined sales tax rate in Woodford County, IL is 8.82%, which includes the Illinois state rate of 6.25% plus an average local rate of 2.57%.

Is Woodford County an affordable place to live?

Based on the data, a single person in Woodford County, IL would need approximately $3,017 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $85,629 per year ($7,136 per month). Woodford County is relatively affordable compared to the national average.

How much does healthcare cost in Woodford County?

The ACA marketplace benchmark premium in Woodford County, IL is approximately $480 per month for an individual. Approximately 5.1% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Woodford County?

The average home value in Woodford County, IL is $193,800, with average annual property taxes of $4,224, according to U.S. Census Bureau data.

How does Woodford County compare to other areas?

You can compare Woodford County, IL with any other US county using our comparison tool at /compare. Woodford County is in the Peoria, IL metro area.

Other counties in Illinois

Browse the full list of counties in Illinois, ranked by cost of living.

See all counties in Illinois

Compare Woodford County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP