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Metro cost profile · 2024 BEA RPP

Kankakee, IL

Cost-of-living indicators for Kankakee, IL, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

96.4
Overall RPP
#142
of 387 metros
92.9
Rents RPP
$104K
$100K national buys

Kankakee ranks #142 of 387 U.S. metros by cost, and its overall price index has fallen 3.1 points since 2008.

  • falling since 2008
  • similar cost to Wilmington

The verdict

Kankakee costs less than 37% of U.S. metros, an overall index of 96.4, 3.6% below the national average, with services the biggest swing at 89.4.

bottom 63%
by overall cost, nationwide
93.6
goods RPP, tradable items
89.4
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $103,741 here; matching a $100K lifestyle takes roughly $96,394.

Service-cost relief profile

How Kankakee's cost structure works

Services provide the strongest cost offset in Kankakee: their index is 89.4, farther below the national baseline than rents or tradable goods. The overall RPP of 96.4 therefore has a different source than a place with cheaper housing instead.

Across all reported metros, the closest component-profile matches are Racine-Mount Pleasant, WI, Gainesville, GA, Tucson, AZ. They resemble Kankakee across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Kankakee's overall index has fallen by 3.1 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Kankakee vs every U.S. metro

Where this metro sits in the national cost distribution

96 Top 37% higher than 63% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). This entry sits in this band. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Kankakee cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Kankakee's strongest departure is services at 89.4; rents follows at 92.9. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Kankakee's cost comes from

Metros near Kankakee's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 96.2, rents 93.2). Kankakee is cheaper than its peers on both housing and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 9394959697 859095100105110 Goods RPP (tradable items) → Rents RPP (housing) → KankakeeWilmingtonMissoulaWinchesterNashvilleCheyenneAsheville
Crosshairs sit at the group median (goods 96.2, rents 93.2). Kankakee is cheaper than its peers on both housing and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Kankakee (Kankakee, this metro): goods RPP 93.6, rents RPP 92.9
  • Wilmington: goods RPP 96.6, rents RPP 93.2
  • Missoula: goods RPP 96, rents RPP 94.9
  • Winchester: goods RPP 96.7, rents RPP 90
  • Nashville: goods RPP 96.2, rents RPP 104.6
  • Cheyenne: goods RPP 95.4, rents RPP 89.8
  • Asheville: goods RPP 96.6, rents RPP 93.4

Price Index Summary

Overall

96.4

Below avg

Goods

93.6

Below avg

Services

89.4

Cheap

Rents

92.9

Below avg

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.1 points over this period. The largest single-year move was in 2018, when the index dropped 4.7 points from the year before, a bigger swing than the full 2008-2024 change.

Kankakee overall RPP, 2008-2024

Every year on record, national average = 100

Down 3.1 pts
859095100105 20082024 99.5 96.4 ▼ -3.1%
Year Overall
2008 99.5
2009 98.3
2010 99.3
2011 100.0
2012 99.2
2013 98.5
2014 97.7
2015 96.5
2016 97.6
2017 98.3
2018 93.6
2019 94.4
2020 90.6
2021 92.0
2022 92.1
2023 92.4
2024 96.4

Latest BEA release change

What changed from 2023 to 2024

Kankakee's overall RPP rose +4.0 points, from 92.4 in 2023 to 96.4 in 2024. The largest category movement was rents, changing from 74.1 to 92.9. This is a relative change against the national benchmark, not a household's dollar bill.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$96,394

in Kankakee, IL purchasing power

$50,000 nationally
$48,197
$75,000 nationally
$72,296
$125,000 nationally
$120,493
$150,000 nationally
$144,591
$200,000 nationally
$192,788

Use the salary calculator for custom amounts.

Affordability score

D
33/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability D
33rd percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

Decision peers

Metros with a similar cost mix

These metros are closest to Kankakee's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

IL-relative analysis

Goods prices places Kankakee, IL near the bottom of IL's metros

Among the 8 IL metros PlainCost tracks with reported goods prices data, Kankakee, IL ranks #2 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Kankakee, IL only against its own state's metros, not the full US field.

Goods prices
#2 of 8
0th percentile in IL
Services prices
#6 of 8
25th percentile in IL
Rent prices
#2 of 8
75th percentile in IL

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within IL only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Kankakee, IL: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Kankakee, IL's index of 96.4.

Showing the 6 closest of 387 metro areas tracked nationally.

Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

Shareable PlainCost cost snapshot for Kankakee cost of living snapshot

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What this means for Kankakee

How to read Kankakee's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $103,741 in Kankakee. Salary calculator
  • Start with services: it indexes at 89.4, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Kankakee head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Kankakee, IL?

Kankakee, IL has a Regional Price Parity (RPP) index of 96.4, meaning it is 3.6% less expensive than the national average. Goods are indexed at 93.6, services at 89.4, and rents at 92.9. It ranks #142 out of 387 U.S. metro areas by overall cost.

What salary do I need in Kankakee, IL to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $96,394 in Kankakee, IL. Conversely, $100K earned in Kankakee, IL has the purchasing power of $103,741 at the national average.

How expensive is rent in Kankakee, IL?

Rents in Kankakee, IL are indexed at 92.9, which is 7.1% below the national average. This is close to the U.S. average.

Is Kankakee, IL getting more expensive?

From 2008 to 2024, Kankakee, IL's overall cost index changed by -3.1 points (from 99.5 to 96.4). The cost of living has been declining.

What costs the most in Kankakee, IL?

The priciest category in Kankakee, IL is goods at 93.6, 6.4% below the national average, still the highest of the three categories. The most affordable category is services at 89.4, 10.6% below average.

What metros have a similar cost of living to Kankakee, IL?

Metros with the most similar overall cost index include Wilmington, Missoula, Winchester. These areas have RPP values within a few points of Kankakee, IL's 96.4.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.