Monroe Center, IL Cost Of Living

Monroe Center cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Monroe Center	Illinois	National
Cost of living index	89	99	100
Index	Monroe Center	Illinois	National
Goods & Services index	95	101	100
Groceries index	93	97	100
Health care index	110	101	100
Housing index	75	95	100
Transportation index	105	105	100
Utilities index	80	96	100

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The cost of living in Monroe Center is 10% lower than the Illinois average.
The cost of living in Monroe Center is 11% lower than the national average.
The cost of housing in Monroe Center is 25% lower than the national average.
Illinois general sales tax is 23% higher than the national average.
Illinois state income tax is 69% 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	$75,000	$6,250	$1,750	$2,250
Renters	$47,679	$3,973	$1,112	$1,431

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	3.75%	3.75%

Goods & Services

Item	Monroe Center	National avg.	Difference
Haircut	$14.57	$16.09	9.4%
Beauty Salon	$30.09	$37.33	19.4%
Toothpaste	$1.87	$2.45	23.7%
Shampoo	$0.95	$1.00	5.4%
Movie	$10.86	$10.28	5.6%
Bowling	$4.00	$4.93	18.9%

Groceries

Item	Monroe Center	National avg.	Difference
Ground Beef	$3.29	$3.80	13.6%
Fried Chicken	$1.48	$1.40	6.0%
Milk	$2.08	$2.01	3.8%
Potatoes	$2.98	$3.01	1.0%
Pizza	$9.00	$9.89	9.0%
Beer	$7.97	$8.90	10.5%

Health Care

Item	Monroe Center	National avg.	Difference
Optometrist	$74.35	$102.16	27.2%
Doctor	$138.85	$108.36	28.1%
Dentist	$98.89	$92.53	6.9%
Ibuprofen	$9.81	$9.28	5.8%
Lipitor	$435.08	$425.82	2.2%

Housing

Item	Monroe Center	National avg.	Difference
Home Price	$130,300.00	$184,700.00	29.5%
Avg. Mortgage Payment	$860.21	$1,202.44	28.5%
Apartment Rent	$821.00	$949.00	13.5%

Transportation

Item	Monroe Center	National avg.	Difference
Gasoline	$2.27	$2.24	1.2%
Tire Balancing	$52.96	$46.29	14.4%

Utilities

Item	Monroe Center	National avg.	Difference
All Electricity	$130.30	$165.96	21.5%
Phone	$23.50	$28.68	18.1%

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, State	Population	Cost of Living Index	National Avg.
Rockford, IL	149,597	83	-17%
Garden Prairie, IL	183	84	-16%
Belvidere, IL	25,300	85	-15%
New Milford, IL	644	85	-15%
Rochelle, IL	9,385	86	-14%
Monroe Center, IL	463	89	-11%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Bergman, AR	463	84	-16%
Dow City, IA	463	76	-24%
Evening Shade, AR	463	74	-26%
Ramona, OK	463	86	-14%
Dexter, KY	463	100	0%
Monroe Center, IL	463	89	-11%

Source: The Monroe Center, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Monroe Center, IL Cost of Living