Palmyra cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each 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.
IndexPalmyraIllinoisNational
Cost of living index8299100
IndexPalmyraIllinoisNational
Goods & Services index105101100
Groceries index9597100
Health care index104101100
Housing index3895100
Transportation index102105100
Utilities index8996100

Did you know?

  • The cost of living in Palmyra is 17% lower than the Illinois average.
  • The cost of living in Palmyra is 18% lower than the national average.
  • The cost of housing in Palmyra is 62% lower than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 69% higher than the national average.

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Compare Palmyra, IL Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$45,962$3,830$1,072$1,379
Renters$14,813$1,234$346$444

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%10.25%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%

Goods & Services

ItemPalmyraNational avg.Difference
Haircut $10.71$16.0933.4%
Beauty Salon $32.39$37.3313.2%
Toothpaste $2.21$2.459.7%
Shampoo $0.89$1.0011.4%
Movie $11.99$10.2816.6%
Bowling $6.40$4.9329.7%

Groceries

ItemPalmyraNational avg.Difference
Ground Beef $3.69$3.803.0%
Fried Chicken $1.40$1.400.5%
Milk $1.72$2.0114.5%
Potatoes $2.86$3.015.0%
Pizza $12.73$9.8928.7%
Beer $8.22$8.907.6%

Health Care

ItemPalmyraNational avg.Difference
Optometrist $74.00$102.1627.6%
Doctor $133.89$108.3623.6%
Dentist $89.33$92.533.5%
Ibuprofen $9.21$9.280.7%
Lipitor $431.02$425.821.2%

Housing

ItemPalmyraNational avg.Difference
Home Price $60,000.00$184,700.0067.5%
Avg. Mortgage Payment $998.55$1,202.4417.0%
Apartment Rent $475.00$949.0049.9%

Transportation

ItemPalmyraNational avg.Difference
Gasoline $2.25$2.240.2%
Tire Balancing $48.87$46.295.6%

Utilities

ItemPalmyraNational avg.Difference
All Electricity$159.87$165.963.7%
Phone $23.34$28.6818.6%
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.
Scottville, IL8281-19%
Standard City, IL15982-18%
Rockbridge, IL16280-20%
Chesterfield, IL33682-18%
Modesto, IL17682-18%
Palmyra, IL57982-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Glenwood, UT57990-10%
Dexter, GA57980-20%
Victor, CA57993-7%
Unionville, NY5791099%
Weir, KS57978-22%
Palmyra, IL57982-18%
Source: The Palmyra, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.