Cost of Living in Quincy
Quincy's cost of living runs genuinely, substantially low on housing, offset by a real, elevated effective property tax rate above Illinois's own already-high statewide average.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreGenuinely, substantially affordable purchase prices
Zillow's own figure puts Quincy's average home value at approximately $176,705 -- well below both the Illinois statewide figure ($294,136) and the national figure, among the most affordable Illinois Tier A markets built in this project.
A real, elevated property-tax offset
Quincy's own median effective property tax rate ran 2.17% per Ownwell -- above Illinois's already-high 1.88% Tax Foundation statewide average.
Illinois's simple flat income tax applies statewide
Illinois's real, simple flat 4.95% state income tax applies in Quincy as statewide, with no Quincy-specific local income tax layer, and Illinois's substantial full retirement-income exemption applies equally here.
Key takeaways
- Quincy's housing purchase prices run genuinely, substantially low -- among the most affordable Illinois Tier A markets in this project.
- Quincy's effective property tax rate (2.17%) runs above Illinois's own already-high statewide average.
- Budget for the full carrying-cost picture, not purchase price alone.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Quincy overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert