Gibson City cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGibson CityIllinoisNational
Cost of living index8599100
IndexGibson CityIllinoisNational
Goods & Services index94101100
Groceries index9197100
Health care index94101100
Housing index5995100
Transportation index97105100
Utilities index11496100

Did you know?

  • The cost of living in Gibson City is 14% lower than the Illinois average.
  • The cost of living in Gibson City is 15% lower than the national average.
  • The cost of housing in Gibson City is 41% lower than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 69% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,875$4,740$1,327$1,706
Renters$23,528$1,961$549$706

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%10.25%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%

Goods & Services

ItemGibson CityNational avg.Difference
Haircut $21.25$16.0932.1%
Beauty Salon $36.72$37.331.6%
Toothpaste $2.98$2.4521.9%
Shampoo $1.02$1.002.3%
Movie $10.00$10.282.7%
Bowling $5.50$4.9311.5%

Groceries

ItemGibson CityNational avg.Difference
Ground Beef $4.07$3.807.1%
Fried Chicken $1.26$1.409.6%
Milk $1.96$2.012.5%
Potatoes $3.06$3.011.6%
Pizza $10.74$9.898.6%
Beer $8.37$8.905.9%

Health Care

ItemGibson CityNational avg.Difference
Optometrist $75.87$102.1625.7%
Doctor $82.05$108.3624.3%
Dentist $95.67$92.533.4%
Ibuprofen $11.14$9.2820.1%
Lipitor $424.61$425.820.3%

Housing

ItemGibson CityNational avg.Difference
Home Price $107,200.00$184,700.0042.0%
Avg. Mortgage Payment $1,007.20$1,202.4416.2%
Apartment Rent $567.00$949.0040.3%

Transportation

ItemGibson CityNational avg.Difference
Gasoline $2.29$2.241.9%
Tire Balancing $39.61$46.2914.4%

Utilities

ItemGibson CityNational avg.Difference
All Electricity$168.12$165.961.3%
Phone $36.97$28.6828.9%
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, StatePopulationCost of Living IndexNational Avg.
Thawville, IL19385-15%
Strawn, IL10281-19%
Roberts, IL37481-19%
Sibley, IL35281-19%
Melvin, IL55081-19%
Gibson City, IL3,42385-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pine Lawn, MO3,42384-16%
Story City, IA3,42387-13%
Port St. Joe, FL3,42494-6%
Justin, TX3,4221000%
Forsyth, IL3,4211055%
Gibson City, IL3,42385-15%
Source: The Gibson City, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.