Cost of Living in Louisville, IL

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19%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
57%
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 Louisville Illinois National
Cost of living8198100
Groceries97100100
Health care94100100
Housing4395100
Transportation97101100
Utilities9499100
Lifestyle & Entertainment99100100
Household Items99100100
Education & Childcare99100100
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Homes For Sale In Louisville, IL

property for sale

958 Kinmundy Rd

Louisville, IL
property for sale

Iron Rd

Louisville, IL
property for sale

Gravel Ln

Louisville, IL

Cost Of Living Quick Facts

  • The cost of living in Louisville is 18% lower than the Illinois average
  • The cost of living in Louisville is 19% lower than the national average
  • Louisville housing is 57% 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 Louisville

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Compare Louisville, IL Cost of Living

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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$73,309$6,109$1,710$2,199
      Renters$39,510$3,293$922$1,185

      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.
      Sailor Springs, IL117973.1%
      Clay City, IL9177920.5%
      Mason, IL2498119.4%
      Iola, IL948217.6%
      Edgewood, IL4798218.4%
      Louisville, IL1,1438119.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Sheridan, CA1,14312423.7%
      Tabor, IA1,1438911.1%
      Lowellville, OH1,1437921.2%
      Reno, OH1,1438515.3%
      Boling, TX1,143909.5%
      Louisville, IL1,1438119.2%
      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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