Illinois · Census, HUD and BEA figures · Updated

Cost of Living in Piatt County, IL

Prices around Piatt County, IL run 7.3% below the U.S. average (BEA, the metro area). The typical household there earns $94,811 a year, and HUD puts a two-bedroom at $1,122 a month. Keeping that rent under 30% of income takes about $44,880 a year.

Piatt County, IL at a glance

Median household income

$94,811$7,901 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,122HUD FY2026 Fair Market Rent
Price level (U.S. = 100)92.7-7.3% · BEA, the metro area
Electricity19.9¢per kWh · EIA Residential IL
Population16,695Census ACS 5-year estimate

How much rent can you afford in Piatt County, IL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,122Monthly market rent
Share of gross income14.2%Recommended max: 30%
Annual income needed$44,880To meet the 30% standard
Max affordable rent$2,370At 30% of $94,811
0%30% (Affordability standard)100%
Compare against:

How much is rent in Piatt County, IL? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Champaign-Urbana, IL HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Piatt County, IL, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$941$11,292$37,64011.9%
1-Bedroom Apartment$946$11,352$37,84012%
2-Bedroom ApartmentBenchmark$1,122$13,464$44,88014.2%
3-Bedroom Home$1,436$17,232$57,44018.2%
4-Bedroom Home$1,486$17,832$59,44018.8%

Rent in Piatt County, IL, with the wage each unit needs →

What a typical income covers in Piatt County, IL

The 50/30/20 rule applied to the local median of $94,811 a year ($7,901 a month before tax).

Needs (50%)$3,950/moRent ($1,122 2-BR), utilities (~$179/mo), groceries, transit
Wants (30%)$2,370/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,580/moEmergency fund, retirement, paying down loans

What $94,811 leaves after Illinois taxes

Federal income tax, Social Security, Medicare and Illinois tax on the local median income. Change the salary to see yours.

$94,811
$35,000$190,000
Filing status:
Gross salary breakdown$94,811
Net 75%
Fed 13%
IL 5%
FICA 8%
Annual take-home$70,981After all taxes
Monthly deposit$5,915Estimated per month
Biweekly paycheck$2,730Every 2 weeks (26/yr)
Effective tax rate25.1%Total tax burden
Federal income tax$12,028 / yr
Illinois state income tax$4,548 / yr
FICA (Social Security & Medicare)$7,253 / yr

Living in Piatt County, IL: common questions

What is the median household income in Piatt County, IL?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Piatt County, IL is $94,811 per year (approximately $7,901 per month).

What is the average rent in Piatt County, IL?

The closest official figure is HUD's Fair Market Rent for 2026: $941 for a studio, $946 for one bedroom, $1,122 for two, $1,436 for three and $1,486 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Piatt County, IL expensive to live in?

Prices there run 7.3% below the U.S. average. BEA's regional price parity for the metro area is 92.7, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Piatt County, IL?

To keep a $1,122 two-bedroom under 30% of gross income, a household needs about $44,880 a year, or $3,740 a month. That is 47% of what the typical household in Piatt County, IL earns.

How much do you need to live comfortably in Piatt County, IL?

On the local median income of $94,811 ($7,901 a month before tax), the 50/30/20 rule leaves $3,950 a month for needs like rent, utilities and groceries, $2,370 for everything else and $1,580 for savings or debt. A two-bedroom at $1,122 takes 28% of the needs share.

How much is the electric bill in Piatt County, IL?

Homes in Illinois paid 19.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $179. Your bill depends mostly on heating and cooling.