Chatham 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.
Cost of living index10098100
Goods & Services index10598100
Groceries index9597100
Health care index104100100
Housing index10195100
Transportation index102112100
Utilities index8997100
The above illustration supplies generalized information for the Chatham, IL cost of living index. Compared to other cities in Illinois and cities across the country, the cost of living index in Chatham, IL is 100, which is 2% higher than the Illinois average and equal to that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Chatham, IL are 7% higher than the average for Illinois and 5% higher than the rest of the country.
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Did you know?

  • The cost of living in Chatham is 2% higher than the Illinois average.
  • The cost of living in Chatham is equal to the national average.
  • The cost of housing in Chatham is 1% higher than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 123% higher than the national average.

Compare Chatham, IL Cost of living To Other Cities

Salary Calculator

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Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Chatham, IL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Chatham, IL, you have to earn a higher income in order to still have the same standard of living. To operate the Chatham, IL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Chatham, IL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Chatham, IL have a median income of $90,522. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,112 per month to avoid calamity and poverty. The renters in the city have an income of about $46,667, which would make their monthly maximum allowable rental costs $1,089.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Chatham, IL, it's important to take into account the sales tax for Illinois, as well as the rate for income tax in Illinois. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Illinois is 10.25%, and the sales tax in the state of Illinois is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Illinois starts from 4.95% and goes up to 4.95%.

Goods & Services

ItemChathamNational avg.Difference
Haircut $10.71$17.4938.7%
Beauty Salon $32.39$38.1715.1%
Toothpaste $2.21$2.324.8%
Shampoo $0.89$1.0112.4%
Movie $11.99$10.7211.8%
Bowling $6.40$13.8653.9%


ItemChathamNational avg.Difference
Ground Beef $3.69$3.905.4%
Fried Chicken $1.40$1.400.5%
Milk $1.72$1.9612.5%
Potatoes $2.86$3.1810.1%
Pizza $12.73$10.3922.4%
Beer $8.22$9.2310.9%

Health Care

ItemChathamNational avg.Difference
Optometrist $74.00$106.3430.4%
Doctor $133.89$115.2516.2%
Dentist $89.33$98.389.2%
Ibuprofen $9.21$9.260.6%
Lipitor $431.02$466.477.6%


ItemChathamNational avg.Difference
Home Price $178,900.00$184,700.003.1%
Avg. Mortgage Payment $998.55$1,273.3221.6%
Apartment Rent $1,038.00$949.009.4%


ItemChathamNational avg.Difference
Gasoline $2.25$2.5913.2%
Tire Balancing $48.87$48.900.1%


ItemChathamNational avg.Difference
All Electricity$159.87$167.604.6%
Phone $23.34$163.4285.7%
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.
Clear Lake, IL21981-19%
Tovey, IL46082-18%
Berlin, IL18382-18%
Bulpitt, IL19382-18%
Modesto, IL17682-18%
Chatham, IL12,5691000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
New Kingman-Butler, AZ12,56678-22%
Green River, WY12,57497-3%
North Palm Beach, FL12,58111212%
Bensville, MD12,58413636%
Cambridge, MD12,5521044%
Chatham, IL12,5691000%
Source: The Chatham, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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