Cost Of Living in Wilmington village, IL

Get 300+ Local Insights for Any Address in Wilmington village, IL

Get Access to 300+ Local Data Points

A+

21%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

70%

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	Wilmington village	Illinois	National
Cost of living	79	98	100
Groceries	99	100	100
Health care	97	100	100
Housing	30	95	100
Transportation	100	101	100
Utilities	101	99	100
Lifestyle & Entertainment	99	100	100
Household Items	98	100	100
Education & Childcare	106	100	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Wilmington village is 20% lower than the Illinois average
The cost of living in Wilmington village is 21% lower than the national average
Wilmington village housing is 70% 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 Wilmington village

See all the best places to live around Wilmington village

Compare Wilmington village, IL Cost of Living

Write a review to give others more information about this area.

See all Wilmington village poll results

The best places in Illinois

Here are the best places to live in Illinois

Check out the 10 safest cities in Illinois

See the best places to live in Wilmington village

These are the largest cities in Illinois

Salary Calculator

This is how much you would need to earn in

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	$70,786	$5,899	$1,652	$2,124
Renters	$0	$0	$0	$0

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Wilmington village, IL, as well as what the overall cost of living might be. 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 payments and not more than 36 percent of income on all expenses and debts. In Wilmington village, homeowners have a median income of $70,786. Using that number, a maximum of $1,652 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $0, which means there is a maximum of $0 to be spent on the costs of renting a home or apartment.

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.
Union Hill, IL	71	81	19.0%
East Brooklyn, IL	59	89	10.6%
Godley, IL	717	90	9.8%
Preston Heights, IL	2,583	92	7.8%
Ingalls Park, IL	3,100	92	7.6%
Wilmington village, IL	150	79	21.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Bassett, AR	150	97	3.0%
Bieber, CA	150	117	17.4%
Chinese Camp, CA	150	117	16.8%
Daphnedale Park, CA	150	117	17.2%
Aripeka, FL	150	101	1.2%
Wilmington village, IL	150	79	21.3%