Cost of Living in Georgetown, IL

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16%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
53%
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 Georgetown Illinois National
Cost of living8498100
Groceries98100100
Health care98100100
Housing4795100
Transportation99101100
Utilities9799100
Lifestyle & Entertainment103100100
Household Items102100100
Education & Childcare100100100
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Homes For Sale In Georgetown, IL

property for sale

117 W N 2nd St

Georgetown, IL
property for sale

1603 N Main St

Georgetown, IL
property for sale

312 E 11th St

Georgetown, IL
property for sale

1406 N Main St

Georgetown, IL
See the Newest Homes For Sale In Georgetown, IL

Cost Of Living Quick Facts

  • The cost of living in Georgetown is 15% lower than the Illinois average
  • The cost of living in Georgetown is 16% lower than the national average
  • Georgetown housing is 53% 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 Georgetown

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$90,466$7,539$2,111$2,714
      Renters$36,342$3,029$848$1,090

      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.
      Newport, IN3187921.2%
      Metcalf, IL2448019.7%
      Dana, IN7177921.3%
      Indianola, IL2118217.7%
      Sidell, IL5088317.3%
      Georgetown, IL3,3038416.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cloverdale, VA3,30311312.8%
      Vine Hill, CA3,30216160.8%
      Penrose, CO3,3021098.6%
      Jackson, MN3,302909.8%
      Big Lake, TX3,3028812.3%
      Georgetown, IL3,3038416.4%
      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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