Harvey, Illinois Cost Of Living

Buy Rent

B-

Overall 9%

Goods & Services 9%

Housing 47%

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	Harvey	Illinois	National
Cost of living	91	98	100
Goods & Services	109	98	100
Groceries	104	97	100
Health care	100	100	100
Housing	53	95	100
Transportation	125	112	100
Utilities	93	97	100

Key findings

The cost of living in Harvey is 7% lower than the Illinois average
The cost of living in Harvey is 9% lower than the national average
Harvey housing is 47% 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

For Sale For Rent

Find real estate listings

Find rental listings

Most Affordable Places to Live in and Around Harvey

See all the best places to live around Harvey

Compare Harvey, IL Cost of Living

See all Harvey poll results

The best places in Illinois

Here are the best places to live in Illinois

10 Best cities in Illinois for employment

Top 10 best public schools in Harvey

See the best places to live in & around Harvey

Salary Calculator

This is how much you would need to earn in

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	$37,656	$3,138	$879	$1,130
Renters	$12,442	$1,037	$290	$373

A good way to judge both the affordability of the housing and the cost of living in Harvey is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Harvey has a median income of about $37,656 for people who own homes. Based on that number, a maximum of $879 should be spent on expenses related to housing. Renters have a slightly different median income, which is $12,442. Based on this average, renters should spend no more than $290 on all rental costs if they want to maintain a non-impoverished standard of living.

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	Harvey	National avg.	Difference
Haircut	$22.00	$17.49	25.8%
Beauty Salon	$69.77	$38.17	82.8%
Toothpaste	$2.69	$2.32	15.9%
Shampoo	$0.92	$1.01	9.1%
Movie	$14.86	$10.72	38.6%
Bowling	$19.00	$13.86	37.1%

Groceries

Item	Harvey	National avg.	Difference
Ground Beef	$4.07	$3.90	4.4%
Fried Chicken	$1.74	$1.40	24.7%
Milk	$2.09	$1.96	6.5%
Potatoes	$3.74	$3.18	17.5%
Pizza	$10.00	$10.39	3.8%
Beer	$8.14	$9.23	11.8%

Health Care

Item	Harvey	National avg.	Difference
Optometrist	$97.00	$106.34	8.8%
Doctor	$105.00	$115.25	8.9%
Dentist	$102.00	$98.38	3.7%
Ibuprofen	$9.95	$9.26	7.4%
Lipitor	$494.16	$466.47	5.9%

Housing

Item	Harvey	National avg.	Difference
Home Price	$72,700.00	$184,700.00	60.6%
Avg. Mortgage Payment	$1,857.61	$1,273.32	45.9%
Apartment Rent	$817.00	$949.00	13.9%

Transportation

Item	Harvey	National avg.	Difference
Gasoline	$3.42	$2.59	31.8%
Tire Balancing	$57.00	$48.90	16.6%

Utilities

Item	Harvey	National avg.	Difference
All Electricity	$131.81	$167.60	21.4%
Phone	$200.46	$163.42	22.7%

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.
Hodgkins, IL	1,960	87	-13%
Dixmoor, IL	3,614	89	-11%
Ford Heights, IL	2,775	90	-10%
East Chicago, IN	28,961	90	-10%
Hometown, IL	4,343	91	-9%
Harvey, IL	25,625	91	-9%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Soledad, CA	25,616	111	11%
Hazelwood, MO	25,604	87	-13%
Homewood, AL	25,652	107	7%
Lebanon, PA	25,654	88	-12%
Temple Terrace, FL	25,654	97	-3%
Harvey, IL	25,625	91	-9%

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