Cost of Living in Elizabeth, IL

Get 300+ Local Insights for Any Address in Elizabeth, IL

Get Access to 300+ Local Data Points
A+
16%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
44%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Elizabeth Illinois National
Cost of living8498100
Groceries98100100
Health care96100100
Housing5695100
Transportation96101100
Utilities9399100
Lifestyle & Entertainment97100100
Household Items97100100
Education & Childcare89100100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Elizabeth, IL

property for sale

5829 S Pleasant Hill Rd

Elizabeth, IL
property for sale

1328 US Highway 20 W

Elizabeth, IL
property for sale

201 W Main St

Elizabeth, IL
property for sale

65 Galena Oaks Dr

Elizabeth, IL

Cost Of Living Quick Facts

  • The cost of living in Elizabeth is 15% lower than the Illinois average
  • The cost of living in Elizabeth is 16% lower than the national average
  • Elizabeth housing is 44% 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

Most Affordable Places to Live in and Around Elizabeth

See all the best places to live around Elizabeth

Compare Elizabeth, IL Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Elizabeth?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Elizabeth?
      Write a review to give others more information about this area.
      See all Elizabeth poll results

      The best places in Illinois

      Here are the best places to live in IllinoisSee the best places to live in ElizabethCheck out the 10 safest cities in IllinoisMost Dangerous States In The US
      Best Places in Illinois

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$66,303$5,525$1,547$1,989
      Renters$36,684$3,057$856$1,101

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Apple River, IL3468019.7%
      Hanover, IL7378218.4%
      Springbrook, IA1338217.7%
      Warren, IL1,2568217.6%
      Stockton, IL1,7008317.5%
      Elizabeth, IL9288416.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Valley Head, AL9288217.9%
      Aurelia, IA9288515.1%
      Boyden, IA928919.4%
      Long Grove, IA9281109.5%
      Teton, ID928963.6%
      Elizabeth, IL9288416.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026