Cost of Living in Thayer, IL

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15%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
47%
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 Thayer Illinois National
Cost of living8598100
Groceries98100100
Health care101100100
Housing5395100
Transportation102101100
Utilities9999100
Lifestyle & Entertainment99100100
Household Items99100100
Education & Childcare95100100
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Homes For Sale In Thayer, IL

property for sale

413 E Elm St

Thayer, IL
property for sale

208 W Ebony St

Thayer, IL
property for sale

102 E Sycamore St

Thayer, IL

Cost Of Living Quick Facts

  • The cost of living in Thayer is 13% lower than the Illinois average
  • The cost of living in Thayer is 15% lower than the national average
  • Thayer housing is 47% 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

Most Affordable Places to Live in and Around Thayer

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Compare Thayer, IL Cost of Living

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$92,709$7,726$2,163$2,782
      Renters$29,357$2,446$685$881

      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.
      Waggoner, IL1928020.2%
      Nilwood, IL1968020.1%
      Harvel, IL2538119.2%
      Modesto, IL2278217.9%
      Berlin, IL1898217.5%
      Thayer, IL6358514.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Wheatley, AR6358019.7%
      Pinehurst, GA6358416.1%
      Melbourne, KY6358713.4%
      Killona, LA6358910.6%
      Sherman, MS6358613.6%
      Thayer, IL6358514.7%
      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.
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