Olivet 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.
IndexOlivetIllinoisNational
Cost of living index8298100
IndexOlivetIllinoisNational
Goods & Services index9597100
Groceries index9697100
Health care index96100100
Housing index4899100
Transportation index97104100
Utilities index10595100

Did you know?

  • The cost of living in Olivet is 16% lower than the Illinois average.
  • The cost of living in Olivet is 18% lower than the national average.
  • The cost of housing in Olivet is 52% 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$83,100$6,925$1,939$2,493
Renters$0$0$0$0

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

ItemOlivetNational avg.Difference
Haircut $9.67$15.5637.9%
Beauty Salon $27.50$36.1123.8%
Toothpaste $2.43$2.471.7%
Shampoo $0.91$0.966.0%
Movie $5.99$10.1340.8%
Bowling $4.00$4.7415.5%

Groceries

ItemOlivetNational avg.Difference
Ground Beef $3.24$3.9818.6%
Fried Chicken $1.15$1.4118.5%
Milk $1.38$2.0633.1%
Potatoes $2.76$2.987.3%
Pizza $9.92$9.474.8%
Beer $8.47$8.793.6%

Health Care

ItemOlivetNational avg.Difference
Optometrist $104.67$101.043.6%
Doctor $103.22$107.443.9%
Dentist $81.05$90.4210.4%
Ibuprofen $9.15$9.281.4%
Lipitor $433.19$426.501.6%

Housing

ItemOlivetNational avg.Difference
Home Price $84,700.00$175,700.0051.8%
Avg. Mortgage Payment $804.60$1,133.2329.0%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemOlivetNational avg.Difference
Gasoline $1.93$1.993.0%
Tire Balancing $43.66$45.764.6%

Utilities

ItemOlivetNational avg.Difference
All Electricity$159.06$163.812.9%
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.
Metcalf, IL24977-23%
Newport, IN43378-22%
Sidell, IL68879-21%
Dana, IN53880-20%
Muncie, IL15181-19%
Olivet, IL38482-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bowler, WI38483-17%
Industry, CA38412727%
Glen Acres, NM38475-25%
Fairgarden, TN38493-7%
Mud Lake, ID38482-18%
Olivet, IL38482-18%
Source: The Olivet, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.