Cost of Living in Hinckley, IL

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B+
6%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
20%
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 Hinckley Illinois National
Cost of living10698100
Groceries101100100
Health care99100100
Housing12095100
Transportation102101100
Utilities10099100
Lifestyle & Entertainment101100100
Household Items102100100
Education & Childcare96100100
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Homes For Sale In Hinckley, IL

property for sale

225 N May St

Hinckley, IL
property for sale

15555 McGirr Rd

Hinckley, IL
property for sale

171 N Sycamore St

Hinckley, IL
property for sale

501 Walnut St

Hinckley, IL

Cost Of Living Quick Facts

  • The cost of living in Hinckley is 8% higher than the Illinois average
  • The cost of living in Hinckley is 6% higher than the national average
  • Hinckley housing is 20% higher 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 Hinckley

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      Cost of living index
      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$138,733$11,561$3,237$4,162
      Renters$56,656$4,721$1,322$1,700

      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.
      Earlville, IL2,117909.6%
      Shabbona, IL971954.8%
      Malta, IL1,487954.5%
      Leland, IL964964.4%
      Waterman, IL1,801982.5%
      Hinckley, IL2,2511066.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Manchester, KY2,2518119.4%
      Lake Odessa, MI2,2518613.7%
      Lake Butler city, FL2,2508514.9%
      West End, NY2,2501010.8%
      New Market, VA2,2501054.9%
      Hinckley, IL2,2511066.2%
      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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