Cost of Living in Oswego, IL
Population: 35,463 • 2026 Data
$119,881
Median Household Income
+55% vs national
$1,823
Median Monthly Rent
+35% vs national
$319,000
Median Home Value
-6% vs national
2.7%
Unemployment Rate
Housing in Oswego
The median home value in Oswego, IL is $319,000. Monthly rent for a typical unit averages $1,823, while total monthly housing costs (including utilities and insurance) average $2,018.
Rent-to-income ratio: 18.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Oswego, IL is $119,881. The unemployment rate stands at 2.7%, with a labor force of 19,403 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.