Moline 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.
IndexMolineIllinoisNational
Cost of living index8898100
IndexMolineIllinoisNational
Goods & Services index9497100
Groceries index10697100
Health care index97100100
Housing index6799100
Transportation index97104100
Utilities index9895100
Displayed above is a general overview of the Moline, IL cost of living index. The overall cost of living index in Moline, IL is 88, which is 10% lower than the Illinois average and 12% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Moline, IL are 3% lower than the Illinois average and 6% lower than the national average.

Did you know?

  • The cost of living in Moline is 10% lower than the Illinois average.
  • The cost of living in Moline is 12% lower than the national average.
  • The cost of housing in Moline is 33% 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.

Find Real Estate Listings In Moline

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Moline

Compare Moline, IL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Moline, IL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Moline, IL, you have to earn a higher income in order to still have the same standard of living. To operate the Moline, IL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,946$5,079$1,422$1,829
Renters$32,530$2,711$759$976
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Moline, IL, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Moline, IL homeowners have a median income of $60,946. Using that number, you will come up with a maximum of $1,422 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $32,530, which means there is a maximum of $759 to be spent on the costs of renting a home or apartment.

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%
One thing to keep in mind when considering the cost of living in Moline, IL is the Illinois sales tax and Illinois income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Illinois sales tax rate is 6.25% and the maximum surtax that can be charged is 9.75%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Illinois income tax rates range from 3.75% to 3.75%.

Goods & Services

ItemMolineNational avg.Difference
Haircut $13.70$15.5612.0%
Beauty Salon $22.83$36.1136.8%
Toothpaste $2.63$2.476.2%
Shampoo $1.32$0.9636.4%
Movie $10.49$10.133.6%
Bowling $5.00$4.745.6%

Groceries

ItemMolineNational avg.Difference
Ground Beef $4.15$3.984.1%
Fried Chicken $1.51$1.417.3%
Milk $2.66$2.0628.9%
Potatoes $3.47$2.9816.4%
Pizza $8.69$9.478.3%
Beer $8.35$8.795.0%

Health Care

ItemMolineNational avg.Difference
Optometrist $96.13$101.044.9%
Doctor $126.39$107.4417.6%
Dentist $75.69$90.4216.3%
Ibuprofen $9.29$9.280.1%
Lipitor $407.67$426.504.4%

Housing

ItemMolineNational avg.Difference
Home Price $112,800.00$175,700.0035.8%
Avg. Mortgage Payment $1,111.11$1,133.232.0%
Apartment Rent $691.00$920.0024.9%

Transportation

ItemMolineNational avg.Difference
Gasoline $1.94$1.992.7%
Tire Balancing $43.33$45.765.3%

Utilities

ItemMolineNational avg.Difference
All Electricity$140.29$163.8114.4%
Phone $32.99$28.3916.2%
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, StatePopulationCost of Living IndexNational Avg.
Oak Grove, IL75676-24%
Cleveland, IL13783-17%
Panorama Park, IA11085-15%
Milan, IL5,12285-15%
Colona, IL5,05786-14%
Moline, IL43,08788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lompoc, CA43,04511515%
North Miami Beach, FL43,02899-1%
Fond du Lac, WI43,00794-6%
Freeport, NY43,16814848%
Jefferson City, MO43,18490-10%
Moline, IL43,08788-12%
Source: The Moline, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.