Cost of Living in Bloomington, IL
Population: 78,703 • 2026 Data
$75,449
Median Household Income
-3% vs national
$1,004
Median Monthly Rent
-26% vs national
$198,800
Median Home Value
-41% vs national
2.6%
Unemployment Rate
Housing in Bloomington
The median home value in Bloomington, IL is $198,800. Monthly rent for a typical unit averages $1,004, while total monthly housing costs (including utilities and insurance) average $1,118.
Rent-to-income ratio: 16.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Bloomington, IL is $75,449. The unemployment rate stands at 2.6%, with a labor force of 41,029 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.