Roselle 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.
IndexRoselleIllinoisNational
Cost of living index11499100
IndexRoselleIllinoisNational
Goods & Services index10698100
Groceries index10899100
Health care index100101100
Housing index13399100
Transportation index11297100
Utilities index104101100
A general overview of the cost of living index for Roselle, IL is displayed above. In Roselle, IL, the overall cost of living index is 114, which is 16% higher than the Illinois average and 14% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Roselle, IL, the city's goods and services are 8% higher than the Illinois average and 6% higher than the U.S. average.

Did you know?

  • The cost of living in Roselle is 16% higher than the Illinois average.
  • The cost of living in Roselle is 14% higher than the national average.
  • The cost of housing in Roselle is 33% higher 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 Roselle, IL Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Roselle, 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 Roselle, IL, you have to earn a higher income in order to still have the same standard of living. To operate the Roselle, 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$84,693$7,058$1,976$2,541
Renters$51,866$4,322$1,210$1,556
The affordability of the housing market in Roselle, IL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Roselle, IL homeowners, the median income is $84,693. This indicates that a monthly maximum of $1,976 should be spent by homeowners on all housing related costs. Renters have a median income of $51,866. This indicates that renters should have a maximum of $1,210 used for their rent related monthly 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%
For those who live in Roselle, IL and want to know what the true cost of living is, they ought to look at both the Illinois income tax rate and the Illinois sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Illinois, the sales tax is 6.25%, while the most you'll pay in surtax is 9.75%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Illinois, the income tax rate ranges between 3.75% to 3.75%.

Goods & Services

ItemRoselleNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $45.00$34.6829.8%
Toothpaste $2.34$2.475.4%
Shampoo $0.99$1.023.1%
Movie $13.75$9.8739.3%
Bowling $5.00$4.3913.9%

Groceries

ItemRoselleNational avg.Difference
Ground Beef $5.37$4.4820.0%
Fried Chicken $1.42$1.463.0%
Milk $1.74$2.3626.2%
Potatoes $2.50$3.0618.3%
Pizza $10.99$9.2418.9%
Beer $14.25$8.6365.1%

Health Care

ItemRoselleNational avg.Difference
Optometrist $95.00$99.784.8%
Doctor $100.00$105.034.8%
Dentist $100.00$88.7012.7%
Ibuprofen $9.24$9.411.8%
Lipitor $262.00$298.5012.2%

Housing

ItemRoselleNational avg.Difference
Home Price $239,600.00$175,700.0036.4%
Avg. Mortgage Payment $1,500.61$1,081.0338.8%
Apartment Rent $1,151.00$920.0025.1%

Transportation

ItemRoselleNational avg.Difference
Gasoline $2.29$2.099.5%
Tire Balancing $53.31$45.2917.7%

Utilities

ItemRoselleNational avg.Difference
All Electricity$173.99$170.801.9%
Phone $30.05$28.266.3%
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.
Hodgkins, IL2,18588-12%
Bellwood, IL19,14999-1%
Maywood, IL24,148100-0%
Stone Park, IL4,9591011%
Broadview, IL7,9561011%
Roselle, IL22,95111414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Van Buren, AR22,95585-15%
West Springfield, VA22,95614242%
Auburn, ME22,9601044%
Radcliff, KY22,93990-10%
Daphne, AL22,98399-1%
Roselle, IL22,95111414%
Source: The Roselle, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.