Cost of Living: Owensboro, KY vs Rockford, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Owensboro, KY versus $4,227/mo in Rockford, IL. In the model, rent is about 13.11% of gross in Owensboro, KY versus 13.9% in Rockford, IL, so Owensboro, KY tends to feel more affordable for rent.

Take-home in Owensboro, KY
$4,254/mo
Income level: above
Take-home in Rockford, IL
$4,227/mo
Income level: above
Rent share (1BR) in Owensboro, KY
13.11%
COLI tier: mid-range
Rent share (1BR) in Rockford, IL
13.9%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Owensboro, KY and Rockford, IL.

At a glance

  • Cheaper overall (lower cost-of-living index): Rockford, IL
  • Lower rent (median 1BR/2BR): Owensboro, KY
  • Lower home prices: Rockford, IL
  • Higher median household income: Rockford, IL

Cost of Living Index

Owensboro, KY: 100 (U.S. = 100) · Rockford, IL: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Owensboro, KY: $855/mo (midpoint of 1BR/2BR) · Rockford, IL: $907/mo

Median rent in Rockford, IL is $52/mo higher than in Owensboro, KY.

Median Home Price

Owensboro, KY: $162,900 · Rockford, IL: $120,900

Median home price in Owensboro, KY is $42,000 higher than in Rockford, IL.

Median Household Income

Owensboro, KY: $53,295 · Rockford, IL: $53,328

Rockford, IL has a higher median household income than Owensboro, KY by $33.

Owensboro, KY overview · Rockford, IL overview · Popular comparisons