Cost Of Living In Loda, IL

Loda 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.
Index	Loda	Illinois	National
Cost of living index	84	98	100
Index	Loda	Illinois	National
Goods & Services index	94	97	100
Groceries index	91	97	100
Health care index	99	100	100
Housing index	57	99	100
Transportation index	93	104	100
Utilities index	109	95	100

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The cost of living in Loda is 14% lower than the Illinois average.
The cost of living in Loda is 16% lower than the national average.
The cost of housing in Loda is 43% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$51,806	$4,317	$1,209	$1,554
Renters	$48,333	$4,028	$1,128	$1,450

Illinois Sales Tax

State	General Sales Tax	With Max Surtax
Illinois	6.25%	9.75%

Illinois Income Tax

State	Income Tax (Low)	Income Tax (High)
Illinois	3.75%	3.75%

Goods & Services

Item	Loda	National avg.	Difference
Haircut	$21.17	$15.56	36.0%
Beauty Salon	$38.35	$36.11	6.2%
Toothpaste	$2.94	$2.47	19.0%
Shampoo	$0.87	$0.96	9.5%
Movie	$9.00	$10.13	11.1%
Bowling	$4.67	$4.74	1.4%

Groceries

Item	Loda	National avg.	Difference
Ground Beef	$3.80	$3.98	4.5%
Fried Chicken	$1.18	$1.41	16.1%
Milk	$1.98	$2.06	3.9%
Potatoes	$2.93	$2.98	1.9%
Pizza	$9.49	$9.47	0.2%
Beer	$8.31	$8.79	5.5%

Health Care

Item	Loda	National avg.	Difference
Optometrist	$75.53	$101.04	25.2%
Doctor	$89.37	$107.44	16.8%
Dentist	$97.33	$90.42	7.7%
Ibuprofen	$10.66	$9.28	14.9%
Lipitor	$438.22	$426.50	2.7%

Housing

Item	Loda	National avg.	Difference
Home Price	$74,200.00	$175,700.00	57.8%
Avg. Mortgage Payment	$1,004.08	$1,133.23	11.4%
Apartment Rent	$850.00	$920.00	7.6%

Transportation

Item	Loda	National avg.	Difference
Gasoline	$1.93	$1.99	3.4%
Tire Balancing	$38.50	$45.76	15.9%

Utilities

Item	Loda	National avg.	Difference
All Electricity	$153.29	$163.81	6.4%
Phone	$36.95	$28.39	30.2%

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, State	Population	Cost of Living Index	National Avg.
Rankin, IL	418	81	-19%
Melvin, IL	478	80	-20%
Elliott, IL	264	81	-19%
Thawville, IL	189	83	-17%
Ludlow, IL	446	81	-19%
Loda, IL	420	84	-16%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Mount Aetna, PA	420	98	-2%
Shepardsville, IN	420	84	-16%
Jeffers, MN	420	80	-20%
Eustis, NE	420	78	-22%
Stapleton, GA	420	80	-20%
Loda, IL	420	84	-16%

Source: The Loda, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Loda, IL Cost of Living