Cost of Living in Homer, IL

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10%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
32%
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 Homer Illinois National
Cost of living9098100
Groceries99100100
Health care98100100
Housing6895100
Transportation99101100
Utilities9799100
Lifestyle & Entertainment100100100
Household Items102100100
Education & Childcare101100100
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Homes For Sale In Homer, IL

property for sale

2636 S Homer Lake Rd

Homer, IL
property for sale

2718 County Road 1200 N

Homer, IL
property for sale

601 E 1st St

Homer, IL
property for sale

1073 Catlin Homer Rd

Homer, IL

Cost Of Living Quick Facts

  • The cost of living in Homer is 8% lower than the Illinois average
  • The cost of living in Homer is 10% lower than the national average
  • Homer housing is 32% 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 Homer

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Compare Homer, IL Cost of Living

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      Utilities index
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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$108,481$9,040$2,531$3,255
      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.
      Longview, IL1017623.7%
      Indianola, IL2118217.7%
      Sidell, IL5088317.3%
      Fairmount, IL5528415.6%
      Allerton, IL2748514.6%
      Homer, IL1,3529010.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cortland West, NY1,3521076.8%
      Augusta, WI1,3528811.7%
      Bethany, IL1,3518514.5%
      Birchwood Lakes, PA1,351955.5%
      Wortham, TX1,3518614.1%
      Homer, IL1,3529010.0%
      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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