A-
Overall 19%
Goods & Services 9%
Housing 45%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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.
IndexBementIllinoisNational
Cost of living8197100
Goods & Services9197100
Groceries9396100
Health care8499100
Housing5595100
Transportation97106100
Utilities9794100

Key findings

  • The cost of living in Bement is 16% lower than the Illinois average
  • The cost of living in Bement is 19% lower than the national average
  • Bement housing is 45% lower than the national average
  • Illinois general sales tax is 23% higher than the national average
  • Illinois state income tax is 101% higher than the national average

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Compare Bement, IL Cost of Living

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$47,500$3,958$1,108$1,425
      Renters$40,625$3,385$948$1,219

      Illinois Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Illinois6.25%10.25%

      Illinois Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Illinois4.95%4.95%

      Goods & Services

      ItemBementNational avg.Difference
      Haircut $18.82$18.621.1%
      Beauty Salon $34.33$39.0512.1%
      Toothpaste $1.84$2.3421.6%
      Shampoo $0.95$1.0610.1%
      Movie $9.59$10.6810.2%
      Bowling $15.00$14.672.2%

      Groceries

      ItemBementNational avg.Difference
      Ground Beef $4.60$4.228.9%
      Fried Chicken $1.00$1.3927.6%
      Milk $1.22$2.0540.5%
      Potatoes $3.97$3.2920.7%
      Pizza $9.49$10.6210.7%
      Beer $8.45$9.389.9%

      Health Care

      ItemBementNational avg.Difference
      Optometrist $77.33$108.5728.8%
      Doctor $102.00$116.1712.2%
      Dentist $73.17$99.1326.2%
      Ibuprofen $8.49$9.6812.3%
      Lipitor $497.82$466.926.6%

      Housing

      ItemBementNational avg.Difference
      Home Price $87,700.00$184,700.0052.5%
      Avg. Mortgage Payment $919.53$1,197.4223.2%
      Apartment Rent $702.00$949.0026.0%

      Transportation

      ItemBementNational avg.Difference
      Gasoline $2.30$2.223.3%
      Tire Balancing $40.50$50.0719.1%

      Utilities

      ItemBementNational avg.Difference
      All Electricity$152.55$167.679.0%
      Phone $191.29$175.648.9%
      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.
      Garrett, IL7976-24%
      Weldon, IL50076-24%
      LaPlace, IL16176-24%
      Hammond, IL45778-22%
      Lovington, IL1,09878-22%
      Bement, IL1,64681-19%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Lamar, AR1,64676-24%
      Hagerstown, IN1,64678-22%
      Teaticket, MA1,64613434%
      Grenelefe, FL1,64790-10%
      Stanley, VA1,64595-5%
      Bement, IL1,64681-19%
      Source: The Bement, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.