Cost Of Living in Braceville, IL

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4%

Overall NAT. AVG.

5%

Goods & Services NAT. AVG.

7%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; 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	Braceville	Illinois	National
Cost of living	96	98	100
Goods & Services	95	98	100
Groceries	102	100	100
Health care	106	102	100
Housing	93	95	100
Transportation	100	102	100
Utilities	92	98	100

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Homes For Sale In Braceville, IL

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Cost Of Living Quick Facts

The cost of living in Braceville is 2% lower than the Illinois average
The cost of living in Braceville is 4% lower than the national average
Braceville housing is 7% 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

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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	$112,153	$9,346	$2,617	$3,365
Renters	$129,725	$10,810	$3,027	$3,892

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	Braceville	National avg.	Difference
Haircut	$34.68	$27.62	25.6%
Beauty Salon	$49.26	$51.11	3.6%
Toothpaste	$4.20	$4.09	2.6%
Shampoo	$1.57	$1.54	1.8%
Movie	$13.38	$12.88	3.9%
Yoga	$19.19	$19.66	2.4%

Groceries

Item	Braceville	National avg.	Difference
Ground Beef	$7.75	$7.70	0.6%
Fried Chicken	$1.55	$1.66	6.8%
Milk	$4.91	$4.73	3.7%
Potatoes	$5.39	$5.26	2.5%
Pizza	$12.49	$12.76	2.1%
Beer	$10.64	$10.55	0.9%

Health Care

Item	Braceville	National avg.	Difference
Optometrist	$172.44	$140.06	23.1%
Doctor	$185.97	$153.82	20.9%
Dentist	$118.42	$123.15	3.8%
Ibuprofen	$11.87	$11.73	1.2%
Lipitor	$22.73	$23.61	3.7%

Housing

Item	Braceville	National avg.	Difference
Home Price	$233,348.00	$326,622.00	28.6%
Avg. Mortgage Payment	$1,634.41	$2,480.25	34.1%
Apartment Rent	$2,055.00	$1,444.00	42.3%

Transportation

Item	Braceville	National avg.	Difference
Gasoline	$3.16	$3.06	3.6%
Tire Balancing	$60.21	$65.21	7.7%

Utilities

Item	Braceville	National avg.	Difference
All Electricity	$188.19	$220.12	14.5%
Phone	$201.97	$195.71	3.2%

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.
Wilmington village, IL	150	77	23.1%
Union Hill, IL	71	78	22.0%
Buckingham, IL	280	85	14.8%
East Brooklyn, IL	59	86	13.6%
Campus, IL	125	87	13.5%
Braceville, IL	908	96	4.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pisgah, AL	908	82	17.7%
Rockford, AL	908	81	19.4%
Millville, CA	908	134	34.3%
Worden, IL	908	85	14.6%
Rockford, OH	908	85	14.7%
Braceville, IL	908	96	4.2%