Bellmont, Illinois Cost Of Living

A+

20%

Overall NAT. AVG.

6%

Goods & Services NAT. AVG.

58%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Bellmont	Illinois	National
Cost of living	80	88	100
Goods & Services	94	96	100
Groceries	92	97	100
Health care	92	98	100
Housing	42	90	100
Transportation	97	104	100
Utilities	113	96	100

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Cost Of Living Quick Facts

The cost of living in Bellmont is 10% lower than the Illinois average
The cost of living in Bellmont is 20% lower than the national average
Bellmont housing is 58% lower than the national average
Illinois general sales tax is 22% higher than the national average
Illinois state income tax is 119% higher than the national average

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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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$53,125	$4,427	$1,240	$1,594
Renters	$22,188	$1,849	$518	$666

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%

Goods & Services

Item	Bellmont	National avg.	Difference
Haircut	$23.33	$20.27	15.1%
Beauty Salon	$30.09	$40.39	25.5%
Toothpaste	$3.40	$2.36	44.3%
Shampoo	$0.92	$1.08	14.5%
Movie	$9.25	$10.99	15.8%
Bowling	$11.00	$15.49	29.0%

Groceries

Item	Bellmont	National avg.	Difference
Ground Beef	$4.13	$4.30	3.8%
Fried Chicken	$1.21	$1.40	13.8%
Milk	$1.70	$2.20	22.8%
Potatoes	$2.97	$3.22	7.8%
Pizza	$8.73	$10.74	18.7%
Beer	$8.71	$9.60	9.3%

Health Care

Item	Bellmont	National avg.	Difference
Optometrist	$92.00	$109.73	16.2%
Doctor	$90.00	$118.34	23.9%
Dentist	$91.80	$100.94	9.1%
Ibuprofen	$11.37	$9.93	14.5%
Lipitor	$485.67	$469.53	3.4%

Housing

Item	Bellmont	National avg.	Difference
Home Price	$44,000.00	$229,800.00	80.9%
Avg. Mortgage Payment	$986.32	$1,229.62	19.8%
Apartment Rent	$669.00	$1,096.00	39.0%

Transportation

Item	Bellmont	National avg.	Difference
Gasoline	$2.64	$2.71	2.7%
Tire Balancing	$49.60	$51.86	4.4%

Utilities

Item	Bellmont	National avg.	Difference
All Electricity	$209.04	$170.84	22.4%
Phone	$187.80	$187.18	0.3%

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	Population	Cost of Living Index	National Avg.
Griffin, IN	123	74	26.2%
Browns, IL	226	76	24.1%
Parkersburg, IL	223	76	23.5%
Bone Gap, IL	151	77	23.4%
West Salem, IL	872	77	23.1%
Bellmont, IL	238	80	20.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Iliff, CO	193	85	15.4%
Elberon, IA	193	83	17.0%
Hancock, IA	193	84	15.6%
Leighton, IA	193	80	19.9%
Midvale, ID	193	93	6.6%
Bellmont, IL	193	80	20.1%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.