Cost of Living in Erie, IL

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11%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
29%
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 Erie Illinois National
Cost of living8998100
Groceries97100100
Health care97100100
Housing7195100
Transportation97101100
Utilities9399100
Lifestyle & Entertainment96100100
Household Items96100100
Education & Childcare97100100
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Homes For Sale In Erie, IL

property for sale

700 5th Ave

Erie, IL
property for sale

1119 Main St

Erie, IL
property for sale

517 Main St

Erie, IL
property for sale

6740 Albany Rd

Erie, IL

Cost Of Living Quick Facts

  • The cost of living in Erie is 10% lower than the Illinois average
  • The cost of living in Erie is 11% lower than the national average
  • Erie housing is 29% 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 Erie

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      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$137,496$11,458$3,208$4,125
      Renters$0$0$0$0

      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.
      Hooppole, IL1827920.6%
      Hillsdale, IL5468217.9%
      Low Moor, IA3398415.5%
      Lyndon, IL6168515.4%
      Clinton, IA25,8048514.6%
      Erie, IL1,9278911.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Chapleau, ON1,927n/a 
      Cairo, IL1,9287722.6%
      Midway, KY1,926973.4%
      Port Henry, NY1,926928.5%
      Gearhart, OR1,92613332.7%
      Erie, IL1,9278911.4%
      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.
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