Cost of Living in Bloomington

Bloomington's cost of living centers on genuinely moderate housing prices, offset by a real, elevated local property tax and a genuinely high combined sales tax.

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Moderate, closely-corroborated housing costs

Zillow's average Bloomington home value ran approximately $264,699 (up 2.6% YoY), closely corroborated by Redfin's ~$275K median sale price -- a real, moderate figure close to Illinois's own statewide median.

A real, elevated tax offset

McLean County's effective property tax rate (2.12%-2.27%) and Bloomington's 9.75% combined sales tax both run genuinely above typical Illinois figures.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.