Cost of Living in Marshall, IL

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14%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
39%
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 Marshall Illinois National
Cost of living8698100
Groceries98100100
Health care99100100
Housing6195100
Transportation98101100
Utilities9699100
Lifestyle & Entertainment98100100
Household Items97100100
Education & Childcare92100100
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Homes For Sale In Marshall, IL

property for sale

Mckinney LN

Marshall, IL
property for sale

126 Edgewood Dr

Marshall, IL
property for sale

114 S 3rd St

Marshall, IL
property for sale

508 Palm St

Marshall, IL
See the Newest Homes For Sale In Marshall, IL

Cost Of Living Quick Facts

  • The cost of living in Marshall is 12% lower than the Illinois average
  • The cost of living in Marshall is 14% lower than the national average
  • Marshall housing is 39% 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 Marshall

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      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$104,744$8,729$2,444$3,143
      Renters$50,971$4,248$1,189$1,529
      A good way to judge both the affordability of the housing and the cost of living in Marshall 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. Marshall has a median income of about $104,744 for people who own homes. Based on that number, a maximum of $2,444 should be spent on expenses related to housing. Renters have a slightly different median income, which is $50,971. Based on this average, renters should spend no more than $1,189 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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Dresser, IN38973.1%
      Kansas, IL8017722.7%
      West Union, IL2477920.7%
      Martinsville, IL1,3008020.0%
      West Terre Haute, IN2,2808118.6%
      Marshall, IL3,7448613.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Wrightsville, GA3,7448317.3%
      Fairbury, IL3,744909.8%
      Palmyra, MO3,7448911.4%
      Northfield, OH3,7448910.5%
      Vandenberg AFB, CA3,74314645.7%
      Marshall, IL3,7448613.8%
      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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