St. Charles 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.
IndexSt. CharlesIllinoisNational
Cost of living index11499100
IndexSt. CharlesIllinoisNational
Goods & Services index9698100
Groceries index10699100
Health care index104101100
Housing index14599100
Transportation index10097100
Utilities index103101100
Displayed above is a general overview of the St. Charles, IL cost of living index. The overall cost of living index in St. Charles, IL is 114, which is 15% higher than the Illinois average and 14% higher 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 St. Charles, IL are 2% lower than the Illinois average and 4% lower than the national average.

Did you know?

  • The cost of living in St. Charles is 15% higher than the Illinois average.
  • The cost of living in St. Charles is 14% higher than the national average.
  • The cost of housing in St. Charles is 45% 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 St. Charles, IL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in St. Charles, IL to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in St. Charles, IL, then you would need to earn more income in order to maintain the same standard of living. To use the St. Charles, IL salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$105,337$8,778$2,458$3,160
Renters$48,939$4,078$1,142$1,468
How much of your monthly income goes to housing can tell you whether or not you can afford housing in St. Charles, 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 St. Charles, IL homeowners have a median income of $105,337. Using that number, you will come up with a maximum of $2,458 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $48,939, which means there is a maximum of $1,142 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%
When assessing the complete cost of living in St. Charles, IL, the Illinois income tax and the Illinois sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Illinois maximum surtax is 9.75%, and the Illinois sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3.75% to 3.75% in Illinois.

Goods & Services

ItemSt. CharlesNational avg.Difference
Haircut $15.50$14.596.2%
Beauty Salon $37.40$34.687.8%
Toothpaste $3.31$2.4733.8%
Shampoo $1.53$1.0249.7%
Movie $10.26$9.874.0%
Bowling $3.51$4.3920.1%

Groceries

ItemSt. CharlesNational avg.Difference
Ground Beef $4.21$4.486.0%
Fried Chicken $1.56$1.466.6%
Milk $2.65$2.3612.4%
Potatoes $2.78$3.069.2%
Pizza $8.86$9.244.1%
Beer $8.19$8.635.1%

Health Care

ItemSt. CharlesNational avg.Difference
Optometrist $111.13$99.7811.4%
Doctor $129.44$105.0323.2%
Dentist $82.38$88.707.1%
Ibuprofen $8.99$9.414.5%
Lipitor $298.47$298.500.0%

Housing

ItemSt. CharlesNational avg.Difference
Home Price $277,800.00$175,700.0058.1%
Avg. Mortgage Payment $1,023.97$1,081.035.3%
Apartment Rent $1,061.00$920.0015.3%

Transportation

ItemSt. CharlesNational avg.Difference
Gasoline $2.03$2.093.1%
Tire Balancing $49.67$45.299.7%

Utilities

ItemSt. CharlesNational avg.Difference
All Electricity$175.65$170.802.8%
Phone $29.20$28.263.3%
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.
Carpentersville, IL38,1281022%
Boulder Hill, IL8,349100-0%
Elgin, IL110,9061044%
East Dundee, IL3,0031055%
Glendale Heights, IL34,4361055%
St. Charles, IL33,42211414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kaneohe, HI33,44319595%
Manitowoc, WI33,44388-12%
Northbrook, IL33,39615555%
Butte-Silver Bow, MT33,48189-11%
Holland, MI33,34290-10%
St. Charles, IL33,42211414%
Source: The St. Charles, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.