New Bedford cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The 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. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexNew BedfordIllinoisNational
Cost of living7998100
IndexNew BedfordIllinoisNational
Goods & Services9498100
Groceries10397100
Health care103100100
Housing3295100
Transportation113112100
Utilities9997100

Key findings

  • The cost of living in New Bedford is 19% lower than the Illinois average
  • The cost of living in New Bedford is 21% lower than the national average
  • New Bedford housing is 68% lower than the national average
  • Illinois general sales tax is 23% higher than the national average
  • Illinois state income tax is 123% higher than the national average

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Compare New Bedford, IL Cost of Living To Other Cities

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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$51,250$4,271$1,196$1,538
      Renters$0$0$0$0

      Illinois Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Illinois6.25%10.25%

      Illinois Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Illinois4.95%4.95%

      Goods & Services

      ItemNew BedfordNational avg.Difference
      Haircut $12.67$17.4927.6%
      Beauty Salon $31.75$38.1716.8%
      Toothpaste $3.09$2.3233.1%
      Shampoo $0.95$1.016.1%
      Movie $10.72$10.720.0%
      Bowling $13.33$13.863.8%

      Groceries

      ItemNew BedfordNational avg.Difference
      Ground Beef $3.27$3.9016.2%
      Fried Chicken $1.69$1.4021.1%
      Milk $2.52$1.9628.4%
      Potatoes $2.64$3.1817.1%
      Pizza $12.95$10.3924.6%
      Beer $8.99$9.232.6%

      Health Care

      ItemNew BedfordNational avg.Difference
      Optometrist $87.50$106.3417.7%
      Doctor $130.50$115.2513.2%
      Dentist $97.50$98.380.9%
      Ibuprofen $8.49$9.268.3%
      Lipitor $515.99$466.4710.6%

      Housing

      ItemNew BedfordNational avg.Difference
      Home Price $59,200.00$184,700.0067.9%
      Avg. Mortgage Payment $950.53$1,273.3225.4%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      ItemNew BedfordNational avg.Difference
      Gasoline $2.67$2.592.9%
      Tire Balancing $65.32$48.9033.6%

      Utilities

      ItemNew BedfordNational avg.Difference
      All Electricity$159.75$167.604.7%
      Phone $188.52$163.4215.4%
      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, StatePopulationCost of Living IndexNational Avg.
      Deer Grove, IL3999-1%
      Hooppole, IL31682-18%
      Neponset, IL55483-17%
      Mineral, IL23283-17%
      Buda, IL59584-16%
      New Bedford, IL5979-21%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Roscoe, MT591000%
      Lookout, CA591066%
      Oak Beach-Captree, NY59205105%
      Chignik Lagoon, AK5913131%
      Kickapoo Site 5, KS5969-31%
      New Bedford, IL5979-21%
      Source: The New Bedford, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.