Owaneco 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.
IndexOwanecoIllinoisNational
Cost of living index7999100
IndexOwanecoIllinoisNational
Goods & Services index9498100
Groceries index9699100
Health care index92101100
Housing index4199100
Transportation index9697100
Utilities index100101100

Did you know?

  • The cost of living in Owaneco is 20% lower than the Illinois average.
  • The cost of living in Owaneco is 21% lower than the national average.
  • The cost of housing in Owaneco is 59% 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 Owaneco, IL Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,250$4,271$1,196$1,538
Renters$41,250$3,438$962$1,238

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

ItemOwanecoNational 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

ItemOwanecoNational 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

ItemOwanecoNational 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

ItemOwanecoNational avg.Difference
Home Price $54,300.00$175,700.0069.1%
Avg. Mortgage Payment $940.23$1,081.0313.0%
Apartment Rent $600.00$920.0034.8%

Transportation

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

Utilities

ItemOwanecoNational 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.
Bulpitt, IL29177-23%
Ohlman, IL8876-24%
Coalton, IL26578-22%
Jeisyville, IL13178-22%
Tower Hill, IL52878-22%
Owaneco, IL16579-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
McCarr, KY16580-20%
Wynot, NE16577-23%
Tygh Valley, OR16511010%
McDougal, AR16574-26%
Buckingham Courthouse, VA16511414%
Owaneco, IL16579-21%
Source: The Owaneco, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.