Mattoon, Illinois Cost Of Living

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20%

Overall NAT. AVG.

6%

Goods & Services NAT. AVG.

50%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

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	Mattoon	Illinois	National
Cost of living	80	97	100
Goods & Services	94	96	100
Groceries	95	97	100
Health care	83	98	100
Housing	50	95	100
Transportation	89	104	100
Utilities	98	96	100

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Key findings

The cost of living in Mattoon is 17% lower than the Illinois average
The cost of living in Mattoon is 20% lower than the national average
Mattoon housing is 50% 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	$47,944	$3,995	$1,119	$1,438
Renters	$22,399	$1,867	$523	$672

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Mattoon, IL, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Mattoon homeowners, is $47,944. This would allow for a maximum of $1,119 per month to be spent on housing costs. For renters, the median monthly income is $22,399 which would result in a maximum of $523 to be spent on rental costs.

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	Mattoon	National avg.	Difference
Haircut	$14.67	$20.27	27.6%
Beauty Salon	$40.00	$40.39	1.0%
Toothpaste	$2.03	$2.36	13.8%
Shampoo	$1.04	$1.08	3.4%
Movie	$11.46	$10.99	4.3%
Bowling	$20.00	$15.49	29.1%

Groceries

Item	Mattoon	National avg.	Difference
Ground Beef	$4.43	$4.30	3.1%
Fried Chicken	$1.42	$1.40	1.2%
Milk	$1.99	$2.20	9.7%
Potatoes	$3.09	$3.22	4.0%
Pizza	$9.80	$10.74	8.8%
Beer	$9.32	$9.60	2.9%

Health Care

Item	Mattoon	National avg.	Difference
Optometrist	$79.00	$109.73	28.0%
Doctor	$87.50	$118.34	26.1%
Dentist	$79.42	$100.94	21.3%
Ibuprofen	$9.35	$9.93	5.9%
Lipitor	$463.66	$469.53	1.2%

Housing

Item	Mattoon	National avg.	Difference
Home Price	$80,300.00	$184,700.00	56.5%
Avg. Mortgage Payment	$820.45	$1,229.62	33.3%
Apartment Rent	$611.00	$949.00	35.6%

Transportation

Item	Mattoon	National avg.	Difference
Gasoline	$2.44	$2.71	10.1%
Tire Balancing	$45.55	$51.86	12.2%

Utilities

Item	Mattoon	National avg.	Difference
All Electricity	$164.97	$170.84	3.4%
Phone	$185.19	$187.18	1.1%

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.
Allenville, IL	169	77	22.8%
Hindsboro, IL	349	78	22.2%
Toledo, IL	1,372	84	15.9%
Lerna, IL	272	78	21.7%
Stewardson, IL	719	78	21.7%
Mattoon, IL	17,399	80	19.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
New Philadelphia, OH	17,412	88	12.3%
East Cleveland, OH	17,413	81	19.1%
Concord, MO	17,415	95	5.4%
North Canton, OH	17,422	92	8.3%
L'Ancienne-Lorette, QC	17,373	n/a
Mattoon, IL	17,399	80	19.8%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.