Cost Of Living in Raymond, IL

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15%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

46%

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	Raymond	Illinois	National
Cost of living	85	98	100
Groceries	98	100	100
Health care	101	100	100
Housing	54	95	100
Transportation	102	101	100
Utilities	99	99	100
Lifestyle & Entertainment	99	100	100
Household Items	99	100	100
Education & Childcare	95	100	100

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Homes For Sale In Raymond, IL

1343 N 22nd Ave

Raymond, IL

7067 Oak Ave

Raymond, IL

206 N Oak St

Raymond, IL

Cost Of Living Quick Facts

The cost of living in Raymond is 13% lower than the Illinois average
The cost of living in Raymond is 15% lower than the national average
Raymond housing is 46% 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
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$86,097	$7,175	$2,009	$2,583
Renters	$76,692	$6,391	$1,789	$2,301

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.
Irving, IL	348	78	22.4%
Eagarville, IL	174	79	21.2%
Palmer, IL	294	80	20.4%
Witt, IL	633	80	20.3%
Waggoner, IL	192	80	20.2%
Raymond, IL	975	85	14.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Franklin Grove, IL	975	86	14.1%
Hanson, KY	975	88	11.9%
Wallace Ridge, LA	975	90	10.1%
Barker Ten Mile, NC	975	92	7.6%
Decaturville, TN	975	83	16.9%
Raymond, IL	975	85	14.6%

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.

Cost of Living in Raymond, IL

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Illinois Sales Tax

Illinois Income Tax

Nearby cities with low cost of living

Cities with similar population