Cost Of Living in New Grand Chain, IL

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17%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

60%

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	New Grand Chain	Illinois	National
Cost of living	83	98	100
Groceries	96	100	100
Health care	100	102	100
Housing	40	95	100
Transportation	108	102	100
Utilities	106	98	100
Lifestyle & Entertainment	n/a	n/a	n/a
Household Items	n/a	n/a	n/a
Education & Childcare	n/a	n/a	n/a

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Homes For Sale In New Grand Chain, IL

601 Ohio St

Grand Chain, IL

Cost Of Living Quick Facts

The cost of living in New Grand Chain is 15% lower than the Illinois average
The cost of living in New Grand Chain is 17% lower than the national average
New Grand Chain housing is 60% 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

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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	$50,039	$4,170	$1,167	$1,501
Renters	$60,261	$5,022	$1,406	$1,808

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.
Bandana, KY	311	102	1.5%
Mill Creek, IL	31	77	23.0%
Mounds, IL	947	74	25.5%
Belknap, IL	146	80	20.5%
Mound City, IL	803	76	24.3%
New Grand Chain, IL	179	83	17.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
St. Stephens, AL	179	97	3.2%
Bodcaw, AR	179	78	22.3%
Houston, AR	179	76	23.8%
Red Rock CDP (Apache County), AZ	179	88	11.9%
Fort Bidwell, CA	179	107	6.7%
New Grand Chain, IL	179	83	17.0%