CostIndexUSA

Bloomington, IL vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Bloomington
93.5
overall index
$1,275/mo rent
More AffordableIL
Springfield
92.7
overall index
$1,150/mo rent

Springfield is slightly cheaper than Bloomington — 0.9% lower overall cost of living.

To match an $80,000 salary in Bloomington, you would need $79,300 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing4.1%
Bloomington
74.7
Springfield
71.6
🛒 Groceries≈ Equal
Bloomington
93.6
Springfield
93.6
🚗 Transportation≈ Equal
Bloomington
104.6
Springfield
104.6
🏥 Healthcare≈ Equal
Bloomington
94.6
Springfield
94.6
Utilities+0.9%
Bloomington
89.6
Springfield
90.4

Salary Equivalency Calculator

Enter your current salary in Bloomington to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, IL
$79,300
$700 less needed in Springfield

Formula: salary × (92.7 ÷ 93.5) = salary × 0.9914. Based on BEA Regional Price Parities.

Housing Market

Bloomington, IL

Median Home Price
$246,000
Median Monthly Rent
$1,275
Housing Index
74.7
Price-to-Rent Ratio
16.1×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Bloomington has 4.1% lower housing costs compared to Springfield.

Income & Job Market

Bloomington, IL

Median Household Income
$77,200
Per Capita Income
$44,000
Unemployment Rate
2.6%
Population
78,902
Top Industries
FinanceInsuranceEducationHealthcareManufacturing

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bloomington, IL
5.0×income-to-rent ratio

80% of income left after rent (median)

Springfield, IL
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.