Chester 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.
IndexChesterIllinoisNational
Cost of living index8598100
IndexChesterIllinoisNational
Goods & Services index9397100
Groceries index10397100
Health care index96100100
Housing index5499100
Transportation index94104100
Utilities index11395100
A general overview of the cost of living index for Chester, IL is displayed above. In Chester, IL, the overall cost of living index is 85, which is 14% lower than the Illinois average and 15% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Chester, IL, the city's goods and services are 4% lower than the Illinois average and 7% lower than the U.S. average.

Did you know?

  • The cost of living in Chester is 14% lower than the Illinois average.
  • The cost of living in Chester is 15% lower than the national average.
  • The cost of housing in Chester is 46% 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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Use the salary calculator to compare your current income in Chester, 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 Chester, IL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Chester, 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$47,250$3,938$1,102$1,418
Renters$29,819$2,485$696$895
One can approximate the cost of living and the housing affordability in Chester, IL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Chester, IL have a median income of $47,250. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,102 per month to avoid calamity and poverty. The renters in the city have an income of about $29,819, which would make their monthly maximum allowable rental costs $696.

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%
When assessing the complete cost of living in Chester, IL, the Illinois income tax and the Illinois sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Illinois maximum surtax is 9.75%, and the Illinois sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3.75% to 3.75% in Illinois.

Goods & Services

ItemChesterNational 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

ItemChesterNational 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

ItemChesterNational 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

ItemChesterNational avg.Difference
Home Price $82,900.00$175,700.0052.8%
Avg. Mortgage Payment $728.96$1,133.2335.7%
Apartment Rent $633.00$920.0031.2%

Transportation

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

Utilities

ItemChesterNational 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.
Kaskaskia, IL998-2%
Rockwood, IL6170-30%
Cutler, IL44380-20%
Willisville, IL42581-19%
Percy, IL80081-19%
Chester, IL8,49585-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Congers, NY8,49614646%
Granbury, TX8,4961011%
Monroe, NY8,49312626%
Winchester, TN8,49388-12%
Florence, OR8,4981088%
Chester, IL8,49585-15%
Source: The Chester, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.