Beardstown 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.
Cost of living index8398100
Goods & Services index10598100
Groceries index9597100
Health care index104100100
Housing index4495100
Transportation index102112100
Utilities index8997100
A general summary of the cost of living index in Beardstown, IL is shown above. Compared to the state average of Illinois the cost of living index in Beardstown, IL is 83, which is 15% lower than the average in Illinois and compared to the national average it is 17% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Beardstown, IL goods and services come in at 7% higher than the average in Illinois and are 5% higher than compared to the nationwide average.
For Sale
For Rent

Find real estate listings

Find rental listings

How would you rate the cost of living in Beardstown?View resultsWrite a review to give others more information about this area.
Is the cost of living increasing or decreasing in Beardstown?View resultsWrite a review to give others more information about this area.

Did you know?

  • 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.
  • The cost of housing in Beardstown is 56% lower than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 123% higher than the national average.

Compare Beardstown, 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
Using the salary calculator lets you compare the salary you earn in Beardstown, IL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Beardstown, IL, you have to earn a higher income in order to still have the same standard of living. To operate the Beardstown, IL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Beardstown, IL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Beardstown, IL have a median income of $51,272. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,196 per month to avoid calamity and poverty. The renters in the city have an income of about $22,500, which would make their monthly maximum allowable rental costs $525.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Beardstown, IL and want to know what the true cost of living is, they ought to look at both the Illinois income tax rate and the Illinois sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Illinois, the sales tax is 6.25%, while the most you'll pay in surtax is 10.25%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Illinois, the income tax rate ranges between 4.95% to 4.95%.

Goods & Services

ItemBeardstownNational avg.Difference
Haircut $10.71$17.4938.7%
Beauty Salon $32.39$38.1715.1%
Toothpaste $2.21$2.324.8%
Shampoo $0.89$1.0112.4%
Movie $11.99$10.7211.8%
Bowling $6.40$13.8653.9%


ItemBeardstownNational avg.Difference
Ground Beef $3.69$3.905.4%
Fried Chicken $1.40$1.400.5%
Milk $1.72$1.9612.5%
Potatoes $2.86$3.1810.1%
Pizza $12.73$10.3922.4%
Beer $8.22$9.2310.9%

Health Care

ItemBeardstownNational avg.Difference
Optometrist $74.00$106.3430.4%
Doctor $133.89$115.2516.2%
Dentist $89.33$98.389.2%
Ibuprofen $9.21$9.260.6%
Lipitor $431.02$466.477.6%


ItemBeardstownNational avg.Difference
Home Price $66,300.00$184,700.0064.1%
Avg. Mortgage Payment $998.55$1,273.3221.6%
Apartment Rent $598.00$949.0037.0%


ItemBeardstownNational avg.Difference
Gasoline $2.25$2.5913.2%
Tire Balancing $48.87$48.900.1%


ItemBeardstownNational avg.Difference
All Electricity$159.87$167.604.6%
Phone $23.34$163.4285.7%
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.
Browning, IL9180-20%
Versailles, IL42082-18%
Chandlerville, IL53782-18%
Meredosia, IL1,02983-17%
Virginia, IL1,38083-17%
Beardstown, IL6,10983-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Loudoun Valley Estates, VA6,10917777%
Glenarden, MD6,11011919%
Sylvester, GA6,10883-17%
Rochester, IN6,11081-19%
Hartford City, IN6,11077-23%
Beardstown, IL6,10983-17%
Source: The Beardstown, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
Are you looking to buy or sell?
What style of home are you
What is your
When are you looking to
ASAP1-3 mos.3-6 mos.6-9 mos.1 yr+
Connect with top real estate agents
By submitting this form, you consent to receive text messages, emails, and/or calls (may be recorded; and may be direct, autodialed or use pre-recorded/artificial voices even if on the Do Not Call list) from AreaVibes or our partner real estate professionals and their network of service providers, about your inquiry or the home purchase/rental process. Messaging and/or data rates may apply. Consent is not a requirement or condition to receive real estate services. You hereby further confirm that checking this box creates an electronic signature with the same effect as a handwritten signature.