Cost of living in Colfax, IL

Colfax is a Census village in McLean County, IL. ACS 2024 5-year population is 1,054. Median gross rent is $875 (ACS 2024 5-year, this place). Median home value is $136,300. Median household income is $70,625. Insurance is the NAIC state average; food is a USDA plan — no town indexes.