Pontiac 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.
Cost of living index8898100
Goods & Services index9398100
Groceries index11097100
Health care index108100100
Housing index5795100
Transportation index126112100
Utilities index9097100
The above illustration supplies generalized information for the Pontiac, IL cost of living index. Compared to other cities in Illinois and cities across the country, the cost of living index in Pontiac, IL is 88, which is 11% lower than the Illinois average and 12% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Pontiac, IL are 5% lower than the average for Illinois and 7% lower than the rest of the country.
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Did you know?

  • The cost of living in Pontiac is 11% lower than the Illinois average.
  • The cost of living in Pontiac is 12% lower than the national average.
  • The cost of housing in Pontiac is 43% 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.

Compare Pontiac, IL Cost of living To Other Cities

Salary Calculator

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current salary in Pontiac, IL to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Pontiac, IL, then you would need to earn more income in order to maintain the same standard of living. To use the Pontiac, IL salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Pontiac, IL, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Pontiac, IL homeowners have a median income of $58,309. Using that number, you will come up with a maximum of $1,360 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $29,420, which means there is a maximum of $686 to be spent on the costs of renting a home or apartment.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Pontiac, IL, it's important to take into account the sales tax for Illinois, as well as the rate for income tax in Illinois. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Illinois is 10.25%, and the sales tax in the state of Illinois is 6.25%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Illinois starts from 4.95% and goes up to 4.95%.

Goods & Services

ItemPontiacNational avg.Difference
Haircut $18.33$17.494.8%
Beauty Salon $32.33$38.1715.3%
Toothpaste $2.24$2.323.5%
Shampoo $0.98$1.013.2%
Movie $7.75$10.7227.7%
Bowling $13.33$13.863.8%


ItemPontiacNational avg.Difference
Ground Beef $3.69$3.905.4%
Fried Chicken $2.31$1.4065.5%
Milk $1.96$1.960.1%
Potatoes $3.26$3.182.4%
Pizza $9.99$10.393.9%
Beer $8.16$9.2311.6%

Health Care

ItemPontiacNational avg.Difference
Optometrist $144.33$106.3435.7%
Doctor $121.33$115.255.3%
Dentist $107.00$98.388.8%
Ibuprofen $8.79$9.265.1%
Lipitor $496.00$466.476.3%


ItemPontiacNational avg.Difference
Home Price $97,800.00$184,700.0047.0%
Avg. Mortgage Payment $950.82$1,273.3225.3%
Apartment Rent $623.00$949.0034.4%


ItemPontiacNational avg.Difference
Gasoline $3.25$2.5925.4%
Tire Balancing $63.98$48.9030.9%


ItemPontiacNational avg.Difference
All Electricity$131.81$167.6021.4%
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.
Long Point, IL20883-17%
Saunemin, IL33185-15%
Forrest, IL1,08387-13%
Fairbury, IL3,61088-12%
Chenoa, IL1,84088-12%
Pontiac, IL12,01688-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Platteville, WI12,02093-7%
Bucyrus, OH12,01180-20%
Clawson, MI12,00894-6%
Diamond Springs, CA12,00211919%
Edgewater, NJ11,99817373%
Pontiac, IL12,01688-12%
Source: The Pontiac, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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