Cost of Living in Franklin Grove, IL

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14%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
47%
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 Franklin Grove Illinois National
Cost of living8698100
Groceries101100100
Health care99100100
Housing5395100
Transportation102101100
Utilities10099100
Lifestyle & Entertainment101100100
Household Items102100100
Education & Childcare96100100
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Homes For Sale In Franklin Grove, IL

property for sale

409 N State St

Franklin Grove, IL
property for sale

1850 Daysville Rd

Franklin Grove, IL
property for sale

116 West South St

Franklin Grove, IL

Cost Of Living Quick Facts

  • The cost of living in Franklin Grove is 13% lower than the Illinois average
  • The cost of living in Franklin Grove is 14% lower than the national average
  • Franklin Grove housing is 47% 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 Franklin Grove

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Compare Franklin Grove, IL Cost of Living

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      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$93,898$7,825$2,191$2,817
      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.
      Harmon, IL1508416.0%
      Compton, IL2778415.9%
      Dixon, IL16,1458515.1%
      Mount Morris, IL3,2778515.1%
      Amboy, IL2,5398712.7%
      Franklin Grove, IL9758614.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Raymond, IL9758514.6%
      Hanson, KY9758811.9%
      Wallace Ridge, LA9759010.1%
      Barker Ten Mile, NC975927.6%
      Decaturville, TN9758316.9%
      Franklin Grove, IL9758614.1%
      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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