Lostant, Illinois Cost Of Living

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B+

Overall 16%

Goods & Services 13%

Housing 38%

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	Lostant	Illinois	National
Cost of living	84	97	100
Goods & Services	87	96	100
Groceries	96	97	100
Health care	89	98	100
Housing	62	95	100
Transportation	106	104	100
Utilities	97	96	100

Key findings

The cost of living in Lostant is 14% lower than the Illinois average
The cost of living in Lostant is 16% lower than the national average
Lostant housing is 38% 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

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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	$62,250	$5,188	$1,452	$1,868
Renters	$47,500	$3,958	$1,108	$1,425

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	Lostant	National avg.	Difference
Haircut	$23.99	$20.27	18.3%
Beauty Salon	$32.33	$40.39	20.0%
Toothpaste	$2.58	$2.36	9.2%
Shampoo	$1.00	$1.08	7.2%
Movie	$6.50	$10.99	40.8%
Bowling	$14.94	$15.49	3.6%

Groceries

Item	Lostant	National avg.	Difference
Ground Beef	$3.98	$4.30	7.5%
Fried Chicken	$1.31	$1.40	6.3%
Milk	$1.67	$2.20	24.3%
Potatoes	$3.07	$3.22	4.8%
Pizza	$9.34	$10.74	13.1%
Beer	$8.91	$9.60	7.2%

Health Care

Item	Lostant	National avg.	Difference
Optometrist	$123.26	$109.73	12.3%
Doctor	$118.91	$118.34	0.5%
Dentist	$74.88	$100.94	25.8%
Ibuprofen	$9.00	$9.93	9.4%
Lipitor	$413.03	$469.53	12.0%

Housing

Item	Lostant	National avg.	Difference
Home Price	$94,100.00	$184,700.00	49.1%
Avg. Mortgage Payment	$989.20	$1,229.62	19.6%
Apartment Rent	$830.00	$949.00	12.5%

Transportation

Item	Lostant	National avg.	Difference
Gasoline	$2.96	$2.71	9.1%
Tire Balancing	$52.20	$51.86	0.7%

Utilities

Item	Lostant	National avg.	Difference
All Electricity	$156.35	$170.84	8.5%
Phone	$194.62	$187.18	4.0%

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	Population	Cost of Living Index	National Avg.
La Rose, IL	112	75	25.0%
Rutland, IL	234	76	23.6%
Dana, IL	121	82	17.6%
Long Point, IL	208	83	16.8%
De Pue, IL	1,661	78	22.2%
Lostant, IL	433	84	16.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Otis, CO	433	93	7.1%
Higgston, GA	433	85	14.7%
Ideal, GA	433	78	22.4%
Spillville, IA	433	76	23.6%
Richland, IN	433	81	18.7%
Lostant, IL	433	84	16.4%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.