Freeburg 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.
IndexFreeburgIllinoisNational
Cost of living index9598100
IndexFreeburgIllinoisNational
Goods & Services index9397100
Groceries index10397100
Health care index96100100
Housing index8899100
Transportation index94104100
Utilities index11395100
A general summary of the cost of living index in Freeburg, IL is shown above. Compared to the state average of Illinois the cost of living index in Freeburg, IL is 95, which is 3% lower than the average in Illinois and compared to the national average it is 5% 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 Freeburg, 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 Freeburg is 3% lower than the Illinois average.
  • The cost of living in Freeburg is 5% lower than the national average.
  • The cost of housing in Freeburg is 12% 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 is meant to help you compare your salary in Freeburg, IL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Freeburg, IL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Freeburg, IL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$86,896$7,241$2,027$2,607
Renters$43,000$3,583$1,003$1,290
If you want to find a good determining factor for the cost of living and the general affordability of housing in Freeburg, IL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Freeburg, IL, the median monthly income is $86,896 for those who own their own homes. Under the standard rule, that income level would allow for $2,027 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $43,000, per the median income in the area. That would allow for renters to spend up to $1,003 on monthly rental expenses.

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 Freeburg, 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

ItemFreeburgNational 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

ItemFreeburgNational 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

ItemFreeburgNational 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

ItemFreeburgNational avg.Difference
Home Price $154,500.00$175,700.0012.1%
Avg. Mortgage Payment $728.96$1,133.2335.7%
Apartment Rent $816.00$920.0011.3%

Transportation

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

Utilities

ItemFreeburgNational 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.
Darmstadt, IL098-2%
Paderborn, IL5398-2%
Floraville, IL098-2%
Rentchler, IL098-2%
Brooklyn, IL80778-22%
Freeburg, IL4,25295-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Egg Harbor City, NJ4,2531099%
Bristow, OK4,25183-17%
North East, PA4,25384-16%
Paintsville, KY4,25485-15%
Ely, NV4,25087-13%
Freeburg, IL4,25295-5%
Source: The Freeburg, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.