Niantic 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.
IndexNianticIllinoisNational
Cost of living8098100
IndexNianticIllinoisNational
Goods & Services9198100
Groceries9397100
Health care85100100
Housing4695100
Transportation99112100
Utilities10897100

Key findings

  • The cost of living in Niantic is 18% lower than the Illinois average
  • The cost of living in Niantic is 20% lower than the national average
  • Niantic housing is 54% 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 Niantic, IL Cost of Living To Other Cities

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$60,208$5,017$1,405$1,806
      Renters$18,594$1,550$434$558

      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

      ItemNianticNational avg.Difference
      Haircut $19.66$17.4912.4%
      Beauty Salon $33.50$38.1712.2%
      Toothpaste $1.82$2.3221.6%
      Shampoo $0.89$1.0112.0%
      Movie $9.39$10.7212.4%
      Bowling $15.00$13.868.2%

      Groceries

      ItemNianticNational avg.Difference
      Ground Beef $4.09$3.904.9%
      Fried Chicken $0.87$1.4037.7%
      Milk $0.89$1.9654.6%
      Potatoes $3.91$3.1822.8%
      Pizza $9.49$10.398.7%
      Beer $8.49$9.238.0%

      Health Care

      ItemNianticNational avg.Difference
      Optometrist $77.00$106.3427.6%
      Doctor $102.00$115.2511.5%
      Dentist $72.67$98.3826.1%
      Ibuprofen $7.98$9.2613.8%
      Lipitor $511.31$466.479.6%

      Housing

      ItemNianticNational avg.Difference
      Home Price $81,700.00$184,700.0055.8%
      Avg. Mortgage Payment $1,001.02$1,273.3221.4%
      Apartment Rent $481.00$949.0049.3%

      Transportation

      ItemNianticNational avg.Difference
      Gasoline $2.86$2.5910.3%
      Tire Balancing $41.00$48.9016.1%

      Utilities

      ItemNianticNational avg.Difference
      All Electricity$187.09$167.6011.6%
      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.
      Cornland, IL7081-19%
      Broadwell, IL15281-19%
      Boody, IL25979-21%
      Buffalo, IL50384-16%
      Mount Auburn, IL58081-19%
      Niantic, IL53080-20%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Hartley, TX53080-20%
      Paradise Park, CA53013838%
      Cuyamungue, NM53097-3%
      Gays Mills, WI53083-17%
      La Fargeville, NY53095-5%
      Niantic, IL53080-20%
      Source: The Niantic, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.