Cost of living in Peotone, Illinois
Simple answer
Typical rent is $979 a month.
Peotone is a village in Illinois. That rent number includes utilities. A typical household earns $108,523 a year.
- People
- 4,587
- Census average, 2020–2024
- Typical rent
- $979
- Median gross rent, includes utilities
- Typical pay
- $108,523
- Median household income, yearly
- Typical home
- $271,000
- Median home value
- 2-bedroom fair rent
- $2,011
- Chicago-Joliet-Naperville, IL HUD Metro FMR Area
Peotone, Illinois has about 4,587 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $271,000.
HUD's fair-market rent for a 2-bedroom in Will County is $2,011 a month. That is the county number, not an apartment listing in Peotone. 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 Peotone'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 Peotone's bill.
EIA did not publish a 2025 all-grades gas price for Illinois in the table we use.
Among 648 places we list in Illinois with a rent figure, 367 have higher typical rent than Peotone.
Nearby places
- Manteno
Typical rent $1,141
Compare with Peotone - Monee
Typical rent $1,477
Compare with Peotone - University Park
Typical rent $1,649
Compare with Peotone - Beecher
Typical rent $1,078
Compare with Peotone - Grant Park
Typical rent $1,177
Compare with Peotone - Richton Park
Typical rent $1,294
Compare with Peotone - Bourbonnais
Typical rent $1,269
Compare with Peotone - Manhattan
Typical rent $1,213
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.