Cost Of Living in Edgewood, IL

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22%

Overall NAT. AVG.

13%

Goods & Services NAT. AVG.

56%

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	Edgewood	Illinois	National
Cost of living	78	98	100
Goods & Services	87	98	100
Groceries	99	100	100
Health care	82	102	100
Housing	44	95	100
Transportation	95	102	100
Utilities	105	98	100

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Homes For Sale In Edgewood, IL

703 Route 37

Edgewood, IL

Cost Of Living Quick Facts

The cost of living in Edgewood is 20% lower than the Illinois average
The cost of living in Edgewood is 22% lower than the national average
Edgewood housing is 56% 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	$57,935	$4,828	$1,352	$1,738
Renters	$76,732	$6,394	$1,790	$2,302

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	Edgewood	National avg.	Difference
Haircut	$19.83	$27.62	28.2%
Beauty Salon	$39.00	$51.11	23.7%
Toothpaste	$4.04	$4.09	1.3%
Shampoo	$1.57	$1.54	1.8%
Movie	$10.16	$12.88	21.1%
Yoga	$18.67	$19.66	5.0%

Groceries

Item	Edgewood	National avg.	Difference
Ground Beef	$7.53	$7.70	2.3%
Fried Chicken	$1.59	$1.66	4.3%
Milk	$4.82	$4.73	1.8%
Potatoes	$5.36	$5.26	2.0%
Pizza	$11.59	$12.76	9.2%
Beer	$10.13	$10.55	4.0%

Health Care

Item	Edgewood	National avg.	Difference
Optometrist	$109.67	$140.06	21.7%
Doctor	$110.00	$153.82	28.5%
Dentist	$97.83	$123.15	20.6%
Ibuprofen	$11.57	$11.73	1.4%
Lipitor	$20.60	$23.61	12.8%

Housing

Item	Edgewood	National avg.	Difference
Home Price	$107,492.00	$326,622.00	67.1%
Avg. Mortgage Payment	$1,269.35	$2,480.25	48.8%
Apartment Rent	$987.00	$1,444.00	31.6%

Transportation

Item	Edgewood	National avg.	Difference
Gasoline	$3.14	$3.06	2.9%
Tire Balancing	$50.00	$65.21	23.3%

Utilities

Item	Edgewood	National avg.	Difference
All Electricity	$233.50	$220.12	6.1%
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.
Alma, IL	307	75	25.3%
St. Peter, IL	456	77	23.3%
Kinmundy, IL	942	78	22.4%
Mason, IL	249	77	23.1%
Iola, IL	94	78	22.3%
Edgewood, IL	479	78	22.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Bellefonte, AR	479	87	13.3%
Grimes, CA	479	111	10.7%
Saguache, CO	479	88	11.9%
Chalmers, IN	479	87	12.7%
Hanley Falls, MN	479	83	17.0%
Edgewood, IL	479	78	22.1%