Cost of living in Inverness, Illinois
Inverness, Illinois has about 7,275 people. The Census Bureau did not publish a median rent for the 2020–2024 survey, so this page does not guess one. A typical household income is $207,434 a year. Rent on this page includes utilities when Census publishes it. This site does not approve or deny benefits.
Simple answer
We don't have a typical rent for Inverness.
The Census Bureau did not publish a median rent for this place in the 2020–2024 survey. We will not guess one.
- People
- 7,275
- Census average, 2020–2024
- Typical rent
- Not published
- Median gross rent, includes utilities
- Typical pay
- $207,434
- Median household income, yearly
- Typical home
- $715,600
- Median home value
- 2-bedroom fair rent
- $2,011
- Chicago-Joliet-Naperville, IL HUD Metro FMR Area
Inverness, Illinois has about 7,275 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $715,600.
HUD's fair-market rent for a 2-bedroom in Cook County is $2,011 a month. That is the county number, not an apartment listing in Inverness. It runs from October 2026 through September 2027.
In the Chicago-Naperville-Elgin, IL-IN metro area, prices sit at 103.6 when the U.S. average is 100. That is a 2024 BEA index.
Illinois taxes wages. A typical combined sales tax is 9.0% as of January 1, 2026. That mix is statewide, not Inverness's exact store tax.
In July 2026, a typical Illinois home paid 19.22¢ per kilowatt-hour. That is a state average from EIA, not Inverness's bill.
EIA did not publish a 2025 all-grades gas price for Illinois in the table we use.
Nearby places
- Barrington
Typical rent $1,500
Compare with Inverness - Palatine
Typical rent $1,549
Compare with Inverness - South Barrington
Typical rent $2,200
Compare with Inverness - Deer Park
Typical rent $2,754
Compare with Inverness - Hoffman Estates
Typical rent $1,734
Compare with Inverness - Rolling Meadows
Typical rent $1,607
Compare with Inverness - Kildeer
- Barrington Hills
Typical rent $3,282
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Illinois
Bigger places in Illinois
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.