Cerro Gordo, Illinois Cost Of Living

Buy Rent

A-

Overall 18%

Goods & Services 9%

Housing 50%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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	Cerro Gordo	Illinois	National
Cost of living	82	98	100
Goods & Services	91	98	100
Groceries	93	97	100
Health care	85	100	100
Housing	50	95	100
Transportation	99	112	100
Utilities	108	97	100

Key findings

The cost of living in Cerro Gordo is 17% lower than the Illinois average
The cost of living in Cerro Gordo is 18% lower than the national average
Cerro Gordo housing is 50% 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

Most Affordable Places to Live in and Around Cerro Gordo

See all the best places to live around Cerro Gordo

Compare Cerro Gordo, IL Cost of Living

See all Cerro Gordo poll results

The best places in Illinois

Here are the best places to live in Illinois

Top 10 cities in Illinois with the best education system

These are the 10 most affordable cities in Illinois

Check out the 10 safest cities in Illinois

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$67,031	$5,586	$1,564	$2,011
Renters	$35,250	$2,938	$822	$1,058

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	Cerro Gordo	National avg.	Difference
Haircut	$19.66	$17.49	12.4%
Beauty Salon	$33.50	$38.17	12.2%
Toothpaste	$1.82	$2.32	21.6%
Shampoo	$0.89	$1.01	12.0%
Movie	$9.39	$10.72	12.4%
Bowling	$15.00	$13.86	8.2%

Groceries

Item	Cerro Gordo	National avg.	Difference
Ground Beef	$4.09	$3.90	4.9%
Fried Chicken	$0.87	$1.40	37.7%
Milk	$0.89	$1.96	54.6%
Potatoes	$3.91	$3.18	22.8%
Pizza	$9.49	$10.39	8.7%
Beer	$8.49	$9.23	8.0%

Health Care

Item	Cerro Gordo	National avg.	Difference
Optometrist	$77.00	$106.34	27.6%
Doctor	$102.00	$115.25	11.5%
Dentist	$72.67	$98.38	26.1%
Ibuprofen	$7.98	$9.26	13.8%
Lipitor	$511.31	$466.47	9.6%

Housing

Item	Cerro Gordo	National avg.	Difference
Home Price	$91,600.00	$184,700.00	50.4%
Avg. Mortgage Payment	$1,001.02	$1,273.32	21.4%
Apartment Rent	$499.00	$949.00	47.4%

Transportation

Item	Cerro Gordo	National avg.	Difference
Gasoline	$2.86	$2.59	10.3%
Tire Balancing	$41.00	$48.90	16.1%

Utilities

Item	Cerro Gordo	National avg.	Difference
All Electricity	$187.09	$167.60	11.6%
Phone	$188.52	$163.42	15.4%

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, State	Population	Cost of Living Index	National Avg.
LaPlace, IL	161	78	-22%
Hammond, IL	457	80	-20%
Lovington, IL	1,098	80	-20%
Ivesdale, IL	251	81	-19%
Maroa, IL	1,724	81	-19%
Cerro Gordo, IL	1,404	82	-18%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Hinsdale, NH	1,404	103	3%
Locust Fork, AL	1,404	85	-15%
Black Creek, WI	1,404	85	-15%
Arma, KS	1,404	75	-25%
Buchanan Dam, TX	1,404	91	-9%
Cerro Gordo, IL	1,404	82	-18%

Source: The Cerro Gordo, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Cerro Gordo, IL Cost of Living