Cost of Living in Lansing, IL
Population: 28,415 • 2026 Data
$71,805
Median Household Income
-7% vs national
$1,271
Median Monthly Rent
-6% vs national
$168,500
Median Home Value
-50% vs national
9.8%
Unemployment Rate
Housing in Lansing
The median home value in Lansing, IL is $168,500. Monthly rent for a typical unit averages $1,271, while total monthly housing costs (including utilities and insurance) average $1,353.
Rent-to-income ratio: 21.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lansing, IL is $71,805. The unemployment rate stands at 9.8%, with a labor force of 14,949 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.