Cost of Living in Mount Olive, IL

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15%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
48%
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 Mount Olive Illinois National
Cost of living8598100
Groceries100100100
Health care98100100
Housing5295100
Transportation100101100
Utilities10299100
Lifestyle & Entertainment97100100
Household Items98100100
Education & Childcare99100100
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Homes For Sale In Mount Olive, IL

property for sale

21322 Lake Ka Ho Rd

Mount Olive, IL
property for sale

505 W 3rd North St

Mount Olive, IL
property for sale

709 W Main St

Mount Olive, IL
property for sale

209 W 2nd South St

Mount Olive, IL

Cost Of Living Quick Facts

  • The cost of living in Mount Olive is 13% lower than the Illinois average
  • The cost of living in Mount Olive is 15% lower than the national average
  • Mount Olive housing is 48% 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 Mount Olive

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      Utilities 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$89,766$7,481$2,094$2,693
      Renters$32,317$2,693$754$970

      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.
      Walshville, IL247990.7%
      Old Ripley, IL81990.7%
      Eagarville, IL1747921.2%
      Royal Lakes, IL2927822.2%
      Sorento, IL5158020.0%
      Mount Olive, IL2,0948515.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kingsbury, NV2,09415453.5%
      Lucasville, OH2,0948910.5%
      Tigerville, SC2,094972.5%
      Ellinwood, KS2,0938218.1%
      Warroad, MN2,0959010.3%
      Mount Olive, IL2,0948515.0%
      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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