Equality, Illinois Cost Of Living

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Overall 20%

Goods & Services 2%

Housing 66%

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	Equality	Illinois	National
Cost of living	80	98	100
Goods & Services	98	98	100
Groceries	91	97	100
Health care	90	100	100
Housing	34	95	100
Transportation	101	112	100
Utilities	117	97	100

Key findings

The cost of living in Equality is 19% lower than the Illinois average
The cost of living in Equality is 20% lower than the national average
Equality housing is 66% 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

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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	$41,838	$3,487	$976	$1,255
Renters	$16,250	$1,354	$379	$488

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	Equality	National avg.	Difference
Haircut	$20.60	$17.49	17.8%
Beauty Salon	$34.00	$38.17	10.9%
Toothpaste	$2.02	$2.32	13.0%
Shampoo	$0.91	$1.01	10.1%
Movie	$8.72	$10.72	18.7%
Bowling	$13.00	$13.86	6.2%

Groceries

Item	Equality	National avg.	Difference
Ground Beef	$3.95	$3.90	1.3%
Fried Chicken	$1.29	$1.40	7.6%
Milk	$0.88	$1.96	55.2%
Potatoes	$2.92	$3.18	8.3%
Pizza	$9.99	$10.39	3.9%
Beer	$8.67	$9.23	6.1%

Health Care

Item	Equality	National avg.	Difference
Optometrist	$116.60	$106.34	9.7%
Doctor	$98.75	$115.25	14.3%
Dentist	$88.17	$98.38	10.4%
Ibuprofen	$9.78	$9.26	5.6%
Lipitor	$382.56	$466.47	18.0%

Housing

Item	Equality	National avg.	Difference
Home Price	$60,300.00	$184,700.00	67.4%
Avg. Mortgage Payment	$1,193.58	$1,273.32	6.3%
Apartment Rent	$363.00	$949.00	61.7%

Transportation

Item	Equality	National avg.	Difference
Gasoline	$2.72	$2.59	5.1%
Tire Balancing	$48.00	$48.90	1.8%

Utilities

Item	Equality	National avg.	Difference
All Electricity	$217.34	$167.60	29.7%
Phone	$181.43	$163.42	11.0%

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.
Old Shawneetown, IL	130	74	-26%
Omaha, IL	331	78	-22%
New Haven, IL	382	78	-22%
Junction, IL	114	79	-21%
Shawneetown, IL	1,340	79	-21%
Equality, IL	591	80	-20%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Mount Victory, OH	591	86	-14%
Hardwood Acres, MI	591	97	-3%
Spencer, OH	591	85	-15%
Friendship, TN	591	77	-23%
Howells, NE	591	80	-20%
Equality, IL	591	80	-20%

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

Equality, IL Cost of Living

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