Taylorville 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 index8699100
Goods & Services index105101100
Groceries index9597100
Health care index104101100
Housing index5295100
Transportation index102105100
Utilities index8996100
The above illustration supplies generalized information for the Taylorville, IL cost of living index. Compared to other cities in Illinois and cities across the country, the cost of living index in Taylorville, IL is 86, which is 13% lower than the Illinois average and 14% 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 Taylorville, IL are 4% higher than the average for Illinois and 5% higher than the rest of the country.

Did you know?

  • The cost of living in Taylorville is 13% lower than the Illinois average.
  • The cost of living in Taylorville is 14% lower than the national average.
  • The cost of housing in Taylorville is 48% 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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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Taylorville, IL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Taylorville, IL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Taylorville, IL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Taylorville, IL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Taylorville, IL, the median monthly income is $53,503 for those who own their own homes. Under the standard rule, that income level would allow for $1,248 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $26,139, per the median income in the area. That would allow for renters to spend up to $610 on monthly rental expenses.

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Taylorville, IL, the Illinois income tax and the Illinois sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Illinois maximum surtax is 10.25%, and the Illinois sales tax is 6.25%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3.75% to 3.75% in Illinois.

Goods & Services

ItemTaylorvilleNational 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%


ItemTaylorvilleNational 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

ItemTaylorvilleNational 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%


ItemTaylorvilleNational avg.Difference
Home Price $83,600.00$184,700.0054.7%
Avg. Mortgage Payment $998.55$1,202.4417.0%
Apartment Rent $657.00$949.0030.8%


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


ItemTaylorvilleNational 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.
Assumption, IL1,22877-23%
Tovey, IL46082-18%
Bulpitt, IL19382-18%
Harvel, IL22982-18%
Pana, IL5,67379-21%
Taylorville, IL11,08186-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lawrenceburg, KY11,08189-11%
Smyrna, DE11,0811011%
Halfway, MD11,07297-3%
Kaneohe Station, HI11,07218686%
Viera East, FL11,0901033%
Taylorville, IL11,08186-14%
Source: The Taylorville, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.