Cost of Living in Granite City, IL
Population: 26,670 • 2026 Data
$60,490
Median Household Income
-22% vs national
$761
Median Monthly Rent
-44% vs national
$99,800
Median Home Value
-71% vs national
6.4%
Unemployment Rate
Housing in Granite City
The median home value in Granite City, IL is $99,800. Monthly rent for a typical unit averages $761, while total monthly housing costs (including utilities and insurance) average $818.
Rent-to-income ratio: 15.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Granite City, IL is $60,490. The unemployment rate stands at 6.4%, with a labor force of 12,873 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.