Mattoon 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.
IndexMattoonIllinoisNational
Cost of living index8299100
IndexMattoonIllinoisNational
Goods & Services index9498100
Groceries index9699100
Health care index92101100
Housing index5199100
Transportation index9697100
Utilities index100101100
A general summary of the cost of living index in Mattoon, IL is shown above. Compared to the state average of Illinois the cost of living index in Mattoon, IL is 82, which is 17% lower than the average in Illinois and compared to the national average it is 18% 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 Mattoon, IL goods and services come in at 5% lower than the average in Illinois and are 6% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Mattoon is 17% lower than the Illinois average.
  • The cost of living in Mattoon is 18% lower than the national average.
  • The cost of housing in Mattoon is 49% 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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Compare Mattoon, IL Cost of living To Other Cities

Salary Calculator

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The salary calculator is meant to help you compare your salary in Mattoon, 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 Mattoon, IL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Mattoon, 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$50,238$4,187$1,172$1,507
Renters$21,858$1,822$510$656
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Mattoon, 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 Mattoon, IL homeowners, is $50,238. This would allow for a maximum of $1,172 per month to be spent on housing costs. For renters, the median monthly income is $21,858 which would result in a maximum of $510 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 you are determining the total cost of living in Mattoon, 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 9.75%. 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

ItemMattoonNational avg.Difference
Haircut $14.55$14.590.3%
Beauty Salon $27.80$34.6819.8%
Toothpaste $2.99$2.4720.9%
Shampoo $0.88$1.0213.9%
Movie $8.92$9.879.6%
Bowling $4.25$4.393.2%

Groceries

ItemMattoonNational avg.Difference
Ground Beef $4.04$4.489.8%
Fried Chicken $1.14$1.4622.1%
Milk $1.62$2.3631.3%
Potatoes $2.91$3.064.9%
Pizza $9.32$9.240.8%
Beer $8.82$8.632.2%

Health Care

ItemMattoonNational avg.Difference
Optometrist $82.00$99.7817.8%
Doctor $99.00$105.035.7%
Dentist $72.40$88.7018.4%
Ibuprofen $8.21$9.4112.8%
Lipitor $321.28$298.507.6%

Housing

ItemMattoonNational avg.Difference
Home Price $78,400.00$175,700.0055.4%
Avg. Mortgage Payment $940.23$1,081.0313.0%
Apartment Rent $607.00$920.0034.0%

Transportation

ItemMattoonNational avg.Difference
Gasoline $1.88$2.0910.3%
Tire Balancing $52.05$45.2914.9%

Utilities

ItemMattoonNational avg.Difference
All Electricity$189.55$170.8011.0%
Phone $23.80$28.2615.8%
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.
Toledo, IL1,22184-16%
Stewardson, IL73880-20%
Hindsboro, IL34182-18%
Strasburg, IL60181-19%
Lerna, IL31581-19%
Mattoon, IL17,90682-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hopkins, MN17,9091077%
Godfrey, IL17,91195-5%
Bayshore Gardens, FL17,89990-10%
Albert Lea, MN17,93181-19%
Tinton Falls, NJ17,93313333%
Mattoon, IL17,90682-18%
Source: The Mattoon, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.