Monroe Center 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.
IndexMonroe CenterIllinoisNational
Cost of living index9099100
IndexMonroe CenterIllinoisNational
Goods & Services index9698100
Groceries index9699100
Health care index103101100
Housing index7599100
Transportation index9997100
Utilities index95101100

Did you know?

  • The cost of living in Monroe Center is 9% lower than the Illinois average.
  • The cost of living in Monroe Center is 10% lower than the national average.
  • The cost of housing in Monroe Center is 25% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$71,154$5,930$1,660$2,135
Renters$49,750$4,146$1,161$1,493

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%

Goods & Services

ItemMonroe CenterNational avg.Difference
Haircut $12.57$14.5913.9%
Beauty Salon $29.57$34.6814.7%
Toothpaste $1.88$2.4724.0%
Shampoo $1.00$1.022.2%
Movie $10.29$9.874.3%
Bowling $3.94$4.3910.3%

Groceries

ItemMonroe CenterNational avg.Difference
Ground Beef $4.91$4.489.7%
Fried Chicken $1.51$1.463.1%
Milk $2.42$2.362.7%
Potatoes $2.19$3.0628.5%
Pizza $8.00$9.2413.4%
Beer $8.37$8.633.0%

Health Care

ItemMonroe CenterNational avg.Difference
Optometrist $74.14$99.7825.7%
Doctor $112.33$105.036.9%
Dentist $89.63$88.701.0%
Ibuprofen $9.99$9.416.1%
Lipitor $319.94$298.507.2%

Housing

ItemMonroe CenterNational avg.Difference
Home Price $125,000.00$175,700.0028.9%
Avg. Mortgage Payment $777.29$1,081.0328.1%
Apartment Rent $760.00$920.0017.4%

Transportation

ItemMonroe CenterNational avg.Difference
Gasoline $1.96$2.096.5%
Tire Balancing $51.06$45.2912.8%

Utilities

ItemMonroe CenterNational avg.Difference
All Electricity$176.07$170.803.1%
Phone $23.50$28.2616.8%
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.
New Milford, IL75686-14%
Rockford, IL151,29086-14%
Belvidere, IL25,71388-12%
Rochelle, IL9,49289-11%
Malta, IL1,11590-10%
Monroe Center, IL47390-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Laketon, IN47380-20%
Eagle Bend, MN47386-14%
Outlook, WA47396-4%
Hamilton, VA47312727%
Salemburg, NC47389-11%
Monroe Center, IL47390-10%
Source: The Monroe Center, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.