Cost Of Living in Volo, IL

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B-

11%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

35%

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	Volo	Illinois	National
Cost of living	111	98	100
Groceries	98	100	100
Health care	98	100	100
Housing	135	95	100
Transportation	102	101	100
Utilities	99	99	100
Lifestyle & Entertainment	101	100	100
Household Items	100	100	100
Education & Childcare	103	100	100

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Homes For Sale In Volo, IL

1387 Baroque Ave

Volo, IL

428 Red Oak Cir

Volo, IL

430 Red Oak Cir

Volo, IL

427 Red Oak Cir

Volo, IL

Cost Of Living Quick Facts

The cost of living in Volo is 13% higher than the Illinois average
The cost of living in Volo is 11% higher than the national average
Volo housing is 35% higher 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	$153,431	$12,786	$3,580	$4,603
Renters	$0	$0	$0	$0

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.
Park City, IL	7,894	82	18.2%
Round Lake Park, IL	8,005	95	5.3%
Waukegan, IL	90,063	96	4.1%
McCullom Lake, IL	1,222	97	2.5%
Wilmot, WI	228	97	3.3%
Volo, IL	5,685	111	10.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Glencoe, MN	5,684	95	4.6%
Hooksett, NH	5,684	113	13.3%
Jonesborough, TN	5,684	96	3.6%
Eldorado at Santa Fe, NM	5,683	130	29.6%
New Holland, PA	5,687	101	0.6%
Volo, IL	5,685	111	10.6%

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 Volo, IL

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

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Nearby cities with low cost of living

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