Aurora, IL

Average · 100

Illinois · Population 179,867 · Updated March 2026

$1,535
Median Rent / Month
$90,109
Median Income
$260,400
Median Home Value
$1,591
Owner Costs / Month

Affordability

How far your income goes in Aurora

20.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Illinois

State-level tax rates that affect your costs

4.95%
Income Tax (Top Rate)
6.25%
State Sales Tax
2.07%
Property Tax Rate

Estimated Annual Costs

$18,420
Annual Rent
$4,460
State Income Taxtop marginal rate
$5,390
Property Tax (est.)

Cost of Living Overview

Aurora has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 100 (where 100 equals the national median), Aurora residents can expect to pay median rent of $1,535/month while earning a median household income of $90,109/year.

The median home value in Aurora, IL is $260,400, with typical monthly owner costs around $1,591 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Illinois has a moderate income tax rate of 4.95%. Combined with a 6.25% sales tax rate and 2.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in Aurora.

Frequently Asked Questions

Common questions about living costs in Aurora

What is the cost of living in Aurora, IL?
The cost of living index in Aurora, IL is 100 (US average = 100). Median monthly rent is $1,535, median household income is $90,109/year, and the median home value is $260,400.
Is Aurora, IL affordable?
No, Aurora is more expensive than the national average with a cost index of 100. The rent-to-income ratio is 20.4%—below the 30% threshold considered affordable by HUD.
What is the average rent in Aurora, IL?
The median gross rent in Aurora, IL is $1,535 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,420.
What is the median household income in Aurora?
The median household income in Aurora, IL is $90,109 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Illinois?
Illinois has a top income tax rate of 4.95%, a sales tax of 6.25%, and an effective property tax rate of 2.07%.

Compare Aurora With

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Compare the cost of living in Aurora, IL with 299 other major U.S. cities

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