Fairbury 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.
Cost of living index9199100
Goods & Services index104101100
Groceries index10897100
Health care index105101100
Housing index5995100
Transportation index105105100
Utilities index10296100
A general overview of the cost of living index for Fairbury, IL is displayed above. In Fairbury, IL, the overall cost of living index is 91, which is 8% lower than the Illinois average and 9% 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 Fairbury, IL, the city's goods and services are 3% higher than the Illinois average and 4% higher than the U.S. average.

Did you know?

  • The cost of living in Fairbury is 8% lower than the Illinois average.
  • The cost of living in Fairbury is 9% lower than the national average.
  • The cost of housing in Fairbury is 41% 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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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Fairbury, IL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Fairbury, IL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Fairbury, IL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Fairbury, IL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Fairbury, IL homeowners, the median income is $63,700. This indicates that a monthly maximum of $1,486 should be spent by homeowners on all housing related costs. Renters have a median income of $19,891. This indicates that renters should have a maximum of $464 used for their rent related monthly costs.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Fairbury, IL you will want to make sure you consider both the Illinois sales tax and the Illinois income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Illinois is 6.25%, with the highest surtax being 10.25%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Illinois have a range from 3.75% to 3.75%.

Goods & Services

ItemFairburyNational avg.Difference
Haircut $18.90$16.0917.5%
Beauty Salon $33.28$37.3310.9%
Toothpaste $2.09$2.4514.5%
Shampoo $0.87$1.0013.4%
Movie $8.33$10.2819.0%
Bowling $4.03$4.9318.4%


ItemFairburyNational avg.Difference
Ground Beef $3.85$3.801.3%
Fried Chicken $1.27$1.409.1%
Milk $2.16$2.017.8%
Potatoes $3.20$3.016.3%
Pizza $12.08$9.8922.2%
Beer $8.68$8.902.4%

Health Care

ItemFairburyNational avg.Difference
Optometrist $95.60$102.166.4%
Doctor $119.23$108.3610.0%
Dentist $96.71$92.534.5%
Ibuprofen $10.03$9.288.1%
Lipitor $427.37$425.820.4%


ItemFairburyNational avg.Difference
Home Price $106,700.00$184,700.0042.2%
Avg. Mortgage Payment $1,017.24$1,202.4415.4%
Apartment Rent $581.00$949.0038.8%


ItemFairburyNational avg.Difference
Gasoline $2.24$2.240.2%
Tire Balancing $53.95$46.2916.5%


ItemFairburyNational avg.Difference
All Electricity$128.78$165.9622.4%
Phone $37.97$28.6832.4%
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.
Kempton, IL15084-16%
Strawn, IL10281-19%
Chatsworth, IL1,00787-13%
Sibley, IL35281-19%
Melvin, IL55081-19%
Fairbury, IL3,61091-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ozark, AR3,61080-20%
Melrose, MN3,60995-5%
Warm Springs, OR3,60994-6%
Wellsville, UT3,6121011%
Two Harbors, MN3,60893-7%
Fairbury, IL3,61091-9%
Source: The Fairbury, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.