Cerro Gordo, IL Cost Of Living

Cerro Gordo 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.
Index	Cerro Gordo	Illinois	National
Cost of living index	81	99	100
Index	Cerro Gordo	Illinois	National
Goods & Services index	95	101	100
Groceries index	90	97	100
Health care index	88	101	100
Housing index	50	95	100
Transportation index	97	105	100
Utilities index	96	96	100

Did you know?

The cost of living in Cerro Gordo is 18% lower than the Illinois average.
The cost of living in Cerro Gordo is 19% lower than the national average.
The cost of housing in Cerro Gordo is 50% lower than the national average.
Illinois general sales tax is 23% higher than the national average.
Illinois state income tax is 69% 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	$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	3.75%	3.75%

Goods & Services

Item	Cerro Gordo	National avg.	Difference
Haircut	$15.33	$16.09	4.7%
Beauty Salon	$30.89	$37.33	17.3%
Toothpaste	$2.00	$2.45	18.3%
Shampoo	$0.83	$1.00	17.4%
Movie	$9.32	$10.28	9.4%
Bowling	$4.38	$4.93	11.2%

Groceries

Item	Cerro Gordo	National avg.	Difference
Ground Beef	$3.21	$3.80	15.7%
Fried Chicken	$1.53	$1.40	9.5%
Milk	$1.25	$2.01	37.7%
Potatoes	$2.87	$3.01	4.8%
Pizza	$9.16	$9.89	7.4%
Beer	$8.42	$8.90	5.4%

Health Care

Item	Cerro Gordo	National avg.	Difference
Optometrist	$78.11	$102.16	23.5%
Doctor	$103.39	$108.36	4.6%
Dentist	$71.67	$92.53	22.5%
Ibuprofen	$8.21	$9.28	11.5%
Lipitor	$430.91	$425.82	1.2%

Housing

Item	Cerro Gordo	National avg.	Difference
Home Price	$91,600.00	$184,700.00	50.4%
Avg. Mortgage Payment	$992.13	$1,202.44	17.5%
Apartment Rent	$499.00	$949.00	47.4%

Transportation

Item	Cerro Gordo	National avg.	Difference
Gasoline	$2.22	$2.24	1.1%
Tire Balancing	$42.88	$46.29	7.4%

Utilities

Item	Cerro Gordo	National avg.	Difference
All Electricity	$171.82	$165.96	3.5%
Phone	$25.38	$28.68	11.5%

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	77	-23%
Hammond, IL	457	79	-21%
Lovington, IL	1,098	79	-21%
Ivesdale, IL	251	82	-18%
Maroa, IL	1,724	81	-19%
Cerro Gordo, IL	1,404	81	-19%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Hinsdale, NH	1,404	103	3%
Arma, KS	1,404	78	-22%
Black Creek, WI	1,404	86	-14%
Locust Fork, AL	1,404	87	-13%
Buchanan Dam, TX	1,404	93	-7%
Cerro Gordo, IL	1,404	81	-19%

Source: The Cerro Gordo, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Cerro Gordo, IL Cost of Living