Bannockburn 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.
IndexBannockburnIllinoisNational
Cost of living index20099100
IndexBannockburnIllinoisNational
Goods & Services index115101100
Groceries index10897100
Health care index101101100
Housing index40895100
Transportation index127105100
Utilities index9096100

Did you know?

  • The cost of living in Bannockburn is 103% higher than the Illinois average.
  • The cost of living in Bannockburn is 100% higher than the national average.
  • The cost of housing in Bannockburn is 308% 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.

Find Real Estate Listings In Bannockburn

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Bannockburn

Compare Bannockburn, IL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$195,000$16,250$4,550$5,851
Renters$41,607$3,467$971$1,248

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

ItemBannockburnNational avg.Difference
Haircut $20.00$16.0924.3%
Beauty Salon $69.87$37.3387.2%
Toothpaste $2.80$2.4514.3%
Shampoo $0.98$1.001.7%
Movie $13.72$10.2833.5%
Bowling $8.00$4.9362.2%

Groceries

ItemBannockburnNational avg.Difference
Ground Beef $4.33$3.8013.8%
Fried Chicken $1.28$1.408.1%
Milk $1.95$2.012.9%
Potatoes $3.79$3.0126.0%
Pizza $9.99$9.891.1%
Beer $8.49$8.904.6%

Health Care

ItemBannockburnNational avg.Difference
Optometrist $95.00$102.167.0%
Doctor $100.00$108.367.7%
Dentist $102.33$92.5310.6%
Ibuprofen $9.87$9.286.4%
Lipitor $414.41$425.822.7%

Housing

ItemBannockburnNational avg.Difference
Home Price $1,000,000.00$184,700.00441.4%
Avg. Mortgage Payment $1,785.17$1,202.4448.5%
Apartment Rent $933.00$949.001.7%

Transportation

ItemBannockburnNational avg.Difference
Gasoline $2.93$2.2430.6%
Tire Balancing $55.00$46.2918.8%

Utilities

ItemBannockburnNational avg.Difference
All Electricity$130.69$165.9621.3%
Phone $29.99$28.684.6%
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.
Park City, IL7,40288-12%
Waukegan, IL88,1591000%
North Chicago, IL30,0231000%
Round Lake Beach, IL27,9361033%
Round Lake Park, IL7,9891033%
Bannockburn, IL1,308200100%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Prices Fork, VA1,3081000%
Dewart, PA1,30894-6%
Granger, TX1,30884-16%
Hudson, PA1,30887-13%
Farmland, IN1,30875-25%
Bannockburn, IL1,308200100%
Source: The Bannockburn, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.