Lawrenceville 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.
IndexLawrencevilleIllinoisNational
Cost of living index7999100
IndexLawrencevilleIllinoisNational
Goods & Services index9298100
Groceries index9399100
Health care index92101100
Housing index4099100
Transportation index9297100
Utilities index114101100
An overview of the general cost of living index for Lawrenceville, IL is displayed above for your reference. Residents in Lawrenceville, IL enjoy a cost of living index of 79. This index is 21% lower than the Illinois average, and 21% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Lawrenceville, IL, the average cost of goods and services is 7% lower than it is in Illinois, and it is 8% lower than the national average.

Did you know?

  • The cost of living in Lawrenceville is 21% lower than the Illinois average.
  • The cost of living in Lawrenceville is 21% lower than the national average.
  • The cost of housing in Lawrenceville is 60% 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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Goods & Services index
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 Lawrenceville, 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 Lawrenceville, IL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Lawrenceville, 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)
Owners$40,852$3,404$953$1,226
Renters$23,699$1,975$553$711
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lawrenceville, 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 Lawrenceville, IL homeowners, is $40,852. This would allow for a maximum of $953 per month to be spent on housing costs. For renters, the median monthly income is $23,699 which would result in a maximum of $553 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%
When considering the overall cost of living expenses in Lawrenceville, IL, it's important to take into account the sales tax for Illinois, as well as the rate for income tax in Illinois. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Illinois is 9.75%, and the sales tax in the state of Illinois is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Illinois starts from 3.75% and goes up to 3.75%.

Goods & Services

ItemLawrencevilleNational avg.Difference
Haircut $15.17$14.594.0%
Beauty Salon $34.60$34.680.2%
Toothpaste $1.76$2.4728.8%
Shampoo $0.75$1.0226.6%
Movie $9.84$9.870.3%
Bowling $2.92$4.3933.5%

Groceries

ItemLawrencevilleNational avg.Difference
Ground Beef $3.73$4.4816.7%
Fried Chicken $1.33$1.469.2%
Milk $2.01$2.3614.7%
Potatoes $3.18$3.063.9%
Pizza $8.16$9.2411.7%
Beer $8.14$8.635.7%

Health Care

ItemLawrencevilleNational avg.Difference
Optometrist $107.00$99.787.2%
Doctor $93.00$105.0311.5%
Dentist $75.67$88.7014.7%
Ibuprofen $8.78$9.416.7%
Lipitor $301.70$298.501.1%

Housing

ItemLawrencevilleNational avg.Difference
Home Price $58,400.00$175,700.0066.8%
Avg. Mortgage Payment $937.81$1,081.0313.2%
Apartment Rent $511.00$920.0044.5%

Transportation

ItemLawrencevilleNational avg.Difference
Gasoline $1.91$2.098.7%
Tire Balancing $43.12$45.294.8%

Utilities

ItemLawrencevilleNational avg.Difference
All Electricity$182.62$170.806.9%
Phone $35.01$28.2623.9%
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.
Emison, IN1281022%
Russellville, IL6680-20%
Sumner, IL5,55675-25%
Flat Rock, IL33881-19%
St. Francisville, IL51977-23%
Lawrenceville, IL4,66579-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
New Haven, MI4,66589-11%
Dacula, GA4,66499-1%
Point Pleasant Beach, NJ4,66415858%
Greenfield, OH4,66679-21%
Spry, PA4,6641033%
Lawrenceville, IL4,66579-21%
Source: The Lawrenceville, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.