Breese 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.
IndexBreeseIllinoisNational
Cost of living index9398100
IndexBreeseIllinoisNational
Goods & Services index9397100
Groceries index10397100
Health care index96100100
Housing index8199100
Transportation index94104100
Utilities index11395100
A general summary of the cost of living index in Breese, IL is shown above. Compared to the state average of Illinois the cost of living index in Breese, IL is 93, which is 5% lower than the average in Illinois and compared to the national average it is 7% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Breese, IL goods and services come in at 4% lower than the average in Illinois and are 7% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Breese is 5% lower than the Illinois average.
  • The cost of living in Breese is 7% lower than the national average.
  • The cost of housing in Breese is 19% 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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Salary Calculator

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The salary calculator allows you to compare how much your current salary in Breese, IL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Breese, IL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Breese, IL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$71,955$5,996$1,679$2,159
Renters$32,955$2,746$769$989
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Breese, IL as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Breese, IL homeowners, is $71,955. This would allow for a maximum of $1,679 per month to be spent on housing costs. For renters, the median monthly income is $32,955 which would result in a maximum of $769 to be spent on rental costs.

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%
The Illinois sales tax and Illinois income tax rates should definitely be considered when determining the overall cost of living in Breese, IL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Illinois sales tax is 6.25% and the maximum surtax is 9.75%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Illinois income tax rates range from 3.75% to 3.75%.

Goods & Services

ItemBreeseNational avg.Difference
Haircut $16.36$15.565.1%
Beauty Salon $37.77$36.114.6%
Toothpaste $2.13$2.4713.7%
Shampoo $1.03$0.966.7%
Movie $10.07$10.130.6%
Bowling $3.78$4.7420.2%

Groceries

ItemBreeseNational avg.Difference
Ground Beef $4.90$3.9823.0%
Fried Chicken $1.88$1.4133.6%
Milk $2.33$2.0612.9%
Potatoes $2.48$2.9816.7%
Pizza $8.52$9.4710.1%
Beer $8.04$8.798.6%

Health Care

ItemBreeseNational avg.Difference
Optometrist $76.95$101.0423.8%
Doctor $84.03$107.4421.8%
Dentist $91.80$90.421.5%
Ibuprofen $11.43$9.2823.2%
Lipitor $433.91$426.501.7%

Housing

ItemBreeseNational avg.Difference
Home Price $136,400.00$175,700.0022.4%
Avg. Mortgage Payment $728.96$1,133.2335.7%
Apartment Rent $808.00$920.0012.2%

Transportation

ItemBreeseNational avg.Difference
Gasoline $1.87$1.996.4%
Tire Balancing $43.83$45.764.2%

Utilities

ItemBreeseNational avg.Difference
All Electricity$160.36$163.812.1%
Phone $38.25$28.3934.8%
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.
Venedy, IL10882-18%
Keyesport, IL48982-18%
Huey, IL20983-17%
Hoyleton, IL58684-16%
Pocahontas, IL63384-16%
Breese, IL4,57793-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Denver City, TX4,57779-21%
Philomath, OR4,5771088%
Harbison Canyon, CA4,57713737%
Littleton, NH4,5761033%
Glen Head, NY4,57517474%
Breese, IL4,57793-7%
Source: The Breese, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.