Assumption 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.
IndexAssumptionIllinoisNational
Cost of living index7799100
IndexAssumptionIllinoisNational
Goods & Services index95101100
Groceries index9097100
Health care index88101100
Housing index3895100
Transportation index97105100
Utilities index9696100

Did you know?

  • The cost of living in Assumption is 22% lower than the Illinois average.
  • The cost of living in Assumption is 23% lower than the national average.
  • The cost of housing in Assumption is 62% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$41,813$3,484$976$1,255
Renters$21,786$1,816$508$654

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%10.25%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%

Goods & Services

ItemAssumptionNational avg.Difference
Haircut $15.33$16.094.7%
Beauty Salon $30.89$37.3317.3%
Toothpaste $2.00$2.4518.3%
Shampoo $0.83$1.0017.4%
Movie $9.32$10.289.4%
Bowling $4.38$4.9311.2%

Groceries

ItemAssumptionNational avg.Difference
Ground Beef $3.21$3.8015.7%
Fried Chicken $1.53$1.409.5%
Milk $1.25$2.0137.7%
Potatoes $2.87$3.014.8%
Pizza $9.16$9.897.4%
Beer $8.42$8.905.4%

Health Care

ItemAssumptionNational avg.Difference
Optometrist $78.11$102.1623.5%
Doctor $103.39$108.364.6%
Dentist $71.67$92.5322.5%
Ibuprofen $8.21$9.2811.5%
Lipitor $430.91$425.821.2%

Housing

ItemAssumptionNational avg.Difference
Home Price $65,900.00$184,700.0064.3%
Avg. Mortgage Payment $992.13$1,202.4417.5%
Apartment Rent $417.00$949.0056.1%

Transportation

ItemAssumptionNational avg.Difference
Gasoline $2.22$2.241.1%
Tire Balancing $42.88$46.297.4%

Utilities

ItemAssumptionNational avg.Difference
All Electricity$171.82$165.963.5%
Phone $25.38$28.6811.5%
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.
Westervelt, IL10272-28%
Ohlman, IL11379-21%
Tower Hill, IL59977-23%
Pana, IL5,67379-21%
Owaneco, IL20179-21%
Assumption, IL1,22877-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Centre Hall, PA1,2281022%
Plandome, NY1,228370270%
Lesage, WV1,22883-17%
Warren, MA1,2281099%
Foresthill, CA1,22911010%
Assumption, IL1,22877-23%
Source: The Assumption, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.