West Frankfort 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.
IndexWest FrankfortIllinoisNational
Cost of living index7698100
IndexWest FrankfortIllinoisNational
Goods & Services index9697100
Groceries index8997100
Health care index94100100
Housing index3999100
Transportation index89104100
Utilities index9195100
Displayed above is a general overview of the West Frankfort, IL cost of living index. The overall cost of living index in West Frankfort, IL is 76, which is 22% lower than the Illinois average and 24% lower 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 West Frankfort, IL are 1% lower than the Illinois average and 4% lower than the national average.

Did you know?

  • The cost of living in West Frankfort is 22% lower than the Illinois average.
  • The cost of living in West Frankfort is 24% lower than the national average.
  • The cost of housing in West Frankfort is 61% 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 West Frankfort, IL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in West Frankfort, IL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of West Frankfort, IL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the West Frankfort, IL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$40,333$3,361$941$1,210
Renters$18,191$1,516$424$546
If you want to find a good determining factor for the cost of living and the general affordability of housing in West Frankfort, IL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In West Frankfort, IL, the median monthly income is $40,333 for those who own their own homes. Under the standard rule, that income level would allow for $941 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $18,191, per the median income in the area. That would allow for renters to spend up to $424 on monthly rental expenses.

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 West Frankfort, 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

ItemWest FrankfortNational avg.Difference
Haircut $16.85$15.568.2%
Beauty Salon $32.83$36.119.1%
Toothpaste $1.64$2.4733.8%
Shampoo $0.90$0.967.1%
Movie $9.13$10.139.8%
Bowling $3.43$4.7427.6%

Groceries

ItemWest FrankfortNational avg.Difference
Ground Beef $3.87$3.982.8%
Fried Chicken $1.11$1.4121.4%
Milk $1.52$2.0626.5%
Potatoes $2.61$2.9812.6%
Pizza $9.99$9.475.5%
Beer $7.84$8.7910.8%

Health Care

ItemWest FrankfortNational avg.Difference
Optometrist $117.91$101.0416.7%
Doctor $90.53$107.4415.7%
Dentist $81.87$90.429.5%
Ibuprofen $8.25$9.2811.1%
Lipitor $445.26$426.504.4%

Housing

ItemWest FrankfortNational avg.Difference
Home Price $55,400.00$175,700.0068.5%
Avg. Mortgage Payment $915.34$1,133.2319.2%
Apartment Rent $505.00$920.0045.1%

Transportation

ItemWest FrankfortNational avg.Difference
Gasoline $1.86$1.996.6%
Tire Balancing $36.00$45.7621.3%

Utilities

ItemWest FrankfortNational avg.Difference
All Electricity$168.12$163.812.6%
Phone $21.67$28.3923.7%
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.
Macedonia, IL5271-29%
Freeman Spur, IL26274-26%
Orient, IL37775-25%
Buckner, IL52279-21%
Bush, IL29379-21%
West Frankfort, IL8,24776-24%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Molalla, OR8,24711010%
Wood-Ridge, NJ8,24913939%
Los Altos Hills, CA8,244600500%
Grove City, PA8,24286-14%
Flushing, MI8,25286-14%
West Frankfort, IL8,24776-24%
Source: The West Frankfort, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.