CostIndexUSA

Louisville, KY vs Rockford, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

KY
Louisville
93.1
overall index
$1,350/mo rent
More AffordableIL
Rockford
92.2
overall index
$1,200/mo rent

Rockford is slightly cheaper than Louisville — 1.0% lower overall cost of living.

To match an $80,000 salary in Louisville, you would need $79,200 in Rockford. Calculate your salary ↓

Category Breakdown

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

🏠 Housing10.8%
Louisville
78.6
Rockford
70.1
🛒 Groceries2.7%
Louisville
96.2
Rockford
93.6
🚗 Transportation+3.0%
Louisville
101.6
Rockford
104.6
🏥 Healthcare+2.8%
Louisville
92
Rockford
94.6
Utilities+19.2%
Louisville
75
Rockford
89.4

Salary Equivalency Calculator

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

$
Equivalent salary in Rockford, IL
$79,200
$800 less needed in Rockford

Formula: salary × (92.2 ÷ 93.1) = salary × 0.9903. Based on BEA Regional Price Parities.

Housing Market

Louisville, KY

Median Home Price
$270,000
Median Monthly Rent
$1,350
Housing Index
78.6
Price-to-Rent Ratio
16.7×

Rockford, IL

Median Home Price
$206,000
Median Monthly Rent
$1,200
Housing Index
70.1
Price-to-Rent Ratio
14.3×

Louisville has 10.8% lower housing costs compared to Rockford.

Income & Job Market

Louisville, KY

Median Household Income
$68,900
Per Capita Income
$39,300
Unemployment Rate
4%
Population
633,045
Top Industries
HealthcareManufacturingLogisticsEducationAgriculture

Rockford, IL

Median Household Income
$67,000
Per Capita Income
$38,200
Unemployment Rate
5.8%
Population
148,123
Top Industries
ManufacturingHealthcareFinanceRetailEducation

Affordability at a Glance

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

Louisville, KY
4.3×income-to-rent ratio

76% of income left after rent (median)

Rockford, IL
4.7×income-to-rent ratio

79% 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.