Beecher 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.
IndexBeecherIllinoisNational
Cost of living index9998100
IndexBeecherIllinoisNational
Goods & Services index9897100
Groceries index10097100
Health care index102100100
Housing index10099100
Transportation index108104100
Utilities index8695100
Displayed above is a general overview of the Beecher, IL cost of living index. The overall cost of living index in Beecher, IL is 99, which is equal to the Illinois average and 1% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Beecher, IL are 1% higher than the Illinois average and 2% lower than the national average.

Did you know?

  • The cost of living in Beecher is equal to the Illinois average.
  • The cost of living in Beecher is 1% lower than the national average.
  • The cost of housing in Beecher is equal to 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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Compare Beecher, IL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Beecher, IL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Beecher, IL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Beecher, IL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$77,843$6,487$1,816$2,336
Renters$40,396$3,366$943$1,212
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Beecher, IL, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Beecher, IL homeowners have a median income of $77,843. Using that number, you will come up with a maximum of $1,816 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $40,396, which means there is a maximum of $943 to be spent on the costs of renting a home or apartment.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%9.75%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%
One thing to keep in mind when considering the cost of living in Beecher, IL is the Illinois sales tax and Illinois income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Illinois sales tax rate is 6.25% and the maximum surtax that can be charged is 9.75%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Illinois income tax rates range from 3.75% to 3.75%.

Goods & Services

ItemBeecherNational avg.Difference
Haircut $15.19$15.562.4%
Beauty Salon $31.59$36.1112.5%
Toothpaste $2.03$2.4717.9%
Shampoo $0.84$0.9613.0%
Movie $7.66$10.1324.4%
Bowling $5.05$4.746.6%

Groceries

ItemBeecherNational avg.Difference
Ground Beef $5.42$3.9835.9%
Fried Chicken $1.52$1.418.2%
Milk $1.87$2.069.2%
Potatoes $3.81$2.9827.7%
Pizza $8.94$9.475.6%
Beer $8.16$8.797.2%

Health Care

ItemBeecherNational avg.Difference
Optometrist $93.41$101.047.6%
Doctor $119.33$107.4411.1%
Dentist $90.11$90.420.3%
Ibuprofen $8.48$9.288.7%
Lipitor $428.77$426.500.5%

Housing

ItemBeecherNational avg.Difference
Home Price $185,000.00$175,700.005.3%
Avg. Mortgage Payment $891.46$1,133.2321.3%
Apartment Rent $796.00$920.0013.5%

Transportation

ItemBeecherNational avg.Difference
Gasoline $2.02$1.991.5%
Tire Balancing $55.77$45.7621.9%

Utilities

ItemBeecherNational avg.Difference
All Electricity$157.05$163.814.1%
Phone $20.95$28.3926.2%
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.
Ford Heights, IL2,77792-8%
Shelby, IN52685-15%
South Chicago Heights, IL4,16488-12%
Park Forest, IL22,49089-11%
Schneider, IN28789-11%
Beecher, IL4,56899-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Tazewell, VA4,56887-13%
Eaton, CO4,5701055%
Chain Lake, WA4,56613333%
West Bay Shore, NY4,57115454%
West Hazleton, PA4,56590-10%
Beecher, IL4,56899-1%
Source: The Beecher, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.