Cost of Living in Altamont, IL

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14%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
43%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Altamont Illinois National
Cost of living8698100
Groceries98100100
Health care99100100
Housing5795100
Transportation100101100
Utilities10099100
Lifestyle & Entertainment94100100
Household Items98100100
Education & Childcare96100100
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Homes For Sale In Altamont, IL

property for sale

711 E Division St

Altamont, IL
property for sale

8346 N Cardinal Ln

Altamont, IL
property for sale

29 Fairlane Cir

Altamont, IL
property for sale

4 Carella Dr

Altamont, IL
See the Newest Homes For Sale In Altamont, IL

Cost Of Living Quick Facts

  • The cost of living in Altamont is 13% lower than the Illinois average
  • The cost of living in Altamont is 14% lower than the national average
  • Altamont housing is 43% lower than the national average
  • Illinois general sales tax is 22% higher than the national average
  • Illinois state income tax is 91% higher than the national average

Most Affordable Places to Live in and Around Altamont

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Compare Altamont, IL Cost of Living

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$73,515$6,126$1,715$2,206
      Renters$56,615$4,718$1,321$1,699

      Illinois Sales Tax

      State General Sales Tax With Max Surtax
      Illinois 6.25% 10.25%

      Illinois Income Tax

      State Income Tax (Low) Income Tax (High)
      Illinois 4.95% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cowden, IL5497921.0%
      Herrick, IL3818020.3%
      St. Peter, IL4568118.6%
      Mason, IL2498119.4%
      Beecher City, IL3858118.5%
      Altamont, IL2,3138614.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Campbell, FL2,3138910.6%
      Henderson, LA2,3138515.0%
      Owens Cross Roads, AL2,312909.9%
      Rushville, IL2,3128515.3%
      Perry, MI2,3128910.8%
      Altamont, IL2,3138614.2%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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