Albion cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAlbionIllinoisNational
Cost of living index7899100
IndexAlbionIllinoisNational
Goods & Services index97101100
Groceries index8797100
Health care index95101100
Housing index4195100
Transportation index95105100
Utilities index9196100

Did you know?

  • The cost of living in Albion is 21% lower than the Illinois average.
  • The cost of living in Albion is 22% lower than the national average.
  • The cost of housing in Albion is 59% lower than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 69% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$47,583$3,965$1,110$1,428
Renters$27,574$2,298$643$827

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%10.25%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%

Goods & Services

ItemAlbionNational avg.Difference
Haircut $17.91$16.0911.4%
Beauty Salon $37.78$37.331.2%
Toothpaste $1.92$2.4521.7%
Shampoo $0.86$1.0013.7%
Movie $9.20$10.2810.5%
Bowling $3.63$4.9326.3%

Groceries

ItemAlbionNational avg.Difference
Ground Beef $3.23$3.8015.1%
Fried Chicken $1.20$1.4013.9%
Milk $1.04$2.0148.0%
Potatoes $2.58$3.0114.3%
Pizza $10.00$9.891.2%
Beer $7.95$8.9010.6%

Health Care

ItemAlbionNational avg.Difference
Optometrist $117.82$102.1615.3%
Doctor $100.94$108.366.8%
Dentist $83.05$92.5310.2%
Ibuprofen $8.18$9.2811.8%
Lipitor $437.26$425.822.7%

Housing

ItemAlbionNational avg.Difference
Home Price $67,500.00$184,700.0063.5%
Avg. Mortgage Payment $955.68$1,202.4420.5%
Apartment Rent $495.00$949.0047.8%

Transportation

ItemAlbionNational avg.Difference
Gasoline $2.14$2.244.8%
Tire Balancing $43.18$46.296.7%

Utilities

ItemAlbionNational avg.Difference
All Electricity$181.34$165.969.3%
Phone $20.00$28.6830.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Burnt Prairie, IL5971-29%
Griffin, IN14572-28%
Browns, IL11274-26%
Parkersburg, IL14675-25%
Bone Gap, IL22375-25%
Albion, IL2,20878-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Snow Hill, MD2,20895-5%
Columbus, MT2,20892-8%
Walnut Hill, TN2,20889-11%
Tool, TX2,20789-11%
Seneca Knolls, NY2,20785-15%
Albion, IL2,20878-22%
Source: The Albion, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.