Cost of Living in Newman, IL

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13%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
43%
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 Newman Illinois National
Cost of living8798100
Groceries99100100
Health care98100100
Housing5795100
Transportation99101100
Utilities9799100
Lifestyle & Entertainment100100100
Household Items102100100
Education & Childcare101100100
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Homes For Sale In Newman, IL

property for sale

510 S King St

Newman, IL
property for sale

303 N Broadway St

Newman, IL
property for sale

2550 E County Road 1375 N

Newman, IL
See the Newest Homes For Sale In Newman, IL

Cost Of Living Quick Facts

  • The cost of living in Newman is 12% lower than the Illinois average
  • The cost of living in Newman is 13% lower than the national average
  • Newman housing is 43% 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 Newman

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Compare Newman, IL Cost of Living

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      Utilities index
      Lifestyle 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$93,817$7,818$2,189$2,815
      Renters$37,906$3,159$884$1,137

      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.
      Brocton, IL3477623.8%
      Longview, IL1017623.7%
      Metcalf, IL2448019.7%
      Indianola, IL2118217.7%
      Sidell, IL5088317.3%
      Newman, IL8048713.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Calumet, MI8048119.4%
      Hermitage, MO8048416.0%
      Bunnlevel, NC8048614.4%
      Genoa, NV804214114.0%
      Stagecoach, TX80411313.0%
      Newman, IL8048713.5%
      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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