Cost Of Living in Beardstown, IL

Get 300+ Local Insights for Any Address in Beardstown, IL

Get Access to 300+ Local Data Points

A+

17%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

54%

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	Beardstown	Illinois	National
Cost of living	83	98	100
Groceries	98	100	100
Health care	101	100	100
Housing	46	95	100
Transportation	102	101	100
Utilities	99	99	100
Lifestyle & Entertainment	99	100	100
Household Items	99	100	100
Education & Childcare	95	100	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Beardstown, IL

717 Railroad St

Beardstown, IL

Sandy Bend Rd

Frederick, IL

517 W 6th St

Beardstown, IL

See the Newest Homes For Sale In Beardstown, IL

Cost Of Living Quick Facts

The cost of living in Beardstown is 15% lower than the Illinois average
The cost of living in Beardstown is 17% lower than the national average
Beardstown housing is 54% 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 Beardstown

See all the best places to live around Beardstown

Compare Beardstown, IL Cost of Living

Write a review to give others more information about this area.

See all Beardstown poll results

The best places in Illinois

Here are the best places to live in Illinois

These are the 10 cheapest cities in Illinois

Check out the 10 most dangerous cities in Illinois

Most Dangerous Cities In The US

Salary Calculator

This is how much you would need to earn in

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	$74,931	$6,244	$1,748	$2,248
Renters	$43,912	$3,659	$1,025	$1,317

To approximate the cost of living and the housing affordability in Beardstown, IL, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Beardstown have a median income of $74,931. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,748 per month to avoid calamity and poverty. The renters in the city have an income of about $43,912, which would make their monthly maximum allowable rental costs $1,025.

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.
Ripley, IL	49	77	23.1%
Browning, IL	151	79	20.5%
Versailles, IL	433	82	18.4%
Meredosia, IL	928	82	18.0%
Virginia, IL	1,421	83	17.2%
Beardstown, IL	5,645	83	16.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Carver, MN	5,644	121	21.3%
Hudson, QC	5,643	n/a
Creston, BC	5,643	n/a
Oliver, BC	5,648	n/a
Jonesboro, GA	5,641	87	12.5%
Beardstown, IL	5,645	83	16.9%