Cost of Living in Mattoon

Mattoon's cost of living pairs genuinely low housing costs with a real, disclosed property tax rate above Illinois's own statewide average and a combined sales tax reaching 8.75%.

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Genuinely low housing costs

Mattoon's median property value was $97,700 in 2024 (Data USA) -- well below both Illinois's own statewide average ($294,136, illinois.js) and Coles County's own broader $127,400 figure for the same year.

A property tax rate matching the county average, above the state average

Mattoon's effective property tax rate is 2.27% (Ownwell) -- the same as the Coles County-wide average, but above Illinois's own statewide average of 1.88% (illinois.js). The average Mattoon homeowner pays $2,373 annually, somewhat below the county-wide average of $2,663.

A combined sales tax reaching 8.75%

Mattoon's combined sales tax rate ranges from 7.75% to 8.75% depending on the specific taxing district (6.25% Illinois state + 1% Coles County + 0.5% city + up to 1% special district).

Illinois's statewide retirement-income exemption is genuinely relevant here

Illinois's real, no-threshold exemption of Social Security, pension, and 401(k)/IRA income (illinois.js) pairs naturally with Mattoon's genuinely low home prices and its real, sourced older population (19.3% 65-plus).

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.