Is Illinois Too Expensive?

An amount below 100 means Illinois is cheaper than the US average. A cost of living index above 100 means Illinois, Illinois is more expensive.


Illinois cost of living is 93.4.

COST OF LIVING Illinois United States
Overall 93.4 100
Grocery 94 100
Health 97.2 100
Housing 79.5 100

https://youtube.com/watch?v=sKmbH_XxqjE

Is it expensive to live in Illinois?

The cost of living in Illinois is slightly lower than in the rest of the nation. Best Places ranks affordability on a scale above and below 100. If a place has a rating above 100, then it is more expensive than the national average. This group gives Illinois a score of 93.4 for overall affordability.

Is Illinois the most expensive state to live in?

Hawaii. Hawaii is the most expensive state to live in the United States. With a cost of living index of 193.3, the cost of living in Hawaii is nearly twice the national average. Hawaii has the highest costs across all indexes, except healthcare.

Is Illinois a cheap state?

Illinois enjoyed the ninth lowest cost of living in the United States for the third quarter of 2021, according to the Missouri Economic Research and Information Center (MERIC ).

Is Illinois more expensive than New York?

The cost of living in Chicago, IL is -36.3% lower than in New York, NY. You would have to earn a salary of $38,235 to maintain your current standard of living. Employers in Chicago, IL typically pay -11.8% less than employers in New York, NY.

What is a livable salary in Illinois?

Living Wage Calculation for Cook County, Illinois

See also  What Is The Cost Of Living In Southern Illinois?
1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $19.29 $25.37
Poverty Wage $6.19 $6.37
Minimum Wage $12.00 $12.00

What is a good salary in Illinois?

While ZipRecruiter is seeing salaries as high as $131,586 and as low as $18,061, the majority of salaries within the Average jobs category currently range between $42,572 (25th percentile) to $64,503 (75th percentile) with top earners (90th percentile) making $86,004 annually in Illinois.

Is it cheaper to live in Texas or Illinois?

Illinois is 6.0% more expensive than Texas.

Which state has lowest cost of living?

Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.

Where is the cheapest state to live?

Mississippi
Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

Why do people want to live Illinois?

Big cities, attractive towns, farmland, forests, rolling hills, rivers and wetlands highlight the landscape of the state; and Illinois is lucky enough to have four distinct seasons–and a broad economic base.

Where should you not live in Illinois?

The 20 Worst Places to Live in Illinois

  • Alton.
  • Peoria.
  • Springfield.
  • Rockford.
  • Carbondale.
  • Metropolis.
  • Chicago. For those who live in Chicago, it may not surprise them to learn that the city is one of the worst locations to live in the state.
  • Matteson. Matteson is a suburb of Chicago that is home to 19,336 people.
See also  Is Illinois The Most Taxed State?

Why should I move to Illinois?

For one, it’s by far the most ethnically diverse city in the midwest, which gives you a vibrant culture with some of the best food ever. Not to mention, it’s home to tons of professional sports teams… The Black Hawks, The White Sox, The Bulls, The Cubs, and The Bears. We know, we had to do a double take too.

Is living in Chicago worth it?

It can be easy to find your place in Chicago.
But spend time here and you’ll start to see why Chicagoans love their city: the clear and open lakefront, affordability, and abundant transportation options. Each neighborhood has something to love, from historic theaters to community gardens to baseball stadiums.

Is it more expensive to live in Illinois or California?

California is 22.7% more expensive than Illinois.

Where is the most expensive place to live in the US?

  • New York City, New York. New York City leads the pack as the most expensive city in the United States.
  • San Francisco, California.
  • Honolulu, Hawaii.
  • Boston, Massachusetts.
  • Washington, D.C.
  • Oakland, California.
  • San Jose, California.
  • San Diego, California.

What is middle class in Illinois?

The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.

State Middle-class income Median household income
Illinois $53,961 $69,187
North Dakota $52,935 $64,577
Maine $51,608 $58,924
Pennsylvania $51,346 $63,463

What is Illinois minimum wage?

$12.00
Q4: What is the current Cook County Minimum Wage?

See also  What Happens If You Get Caught Drinking Under 21 In Illinois?
Illinois State Minimum Wage Chart
1/1/20 $9.25 $8.00
7/1/20 $10.00 $8.00
1/1/21 $11.00 $8.50
1/1/22 $12.00 $9.25

What is considered low income in Illinois?

Poverty Line Illinois
The poverty level in Illinois is based on the federal level. Illinois uses the federal poverty limit as its base for determining poverty in the state, which means the poverty line for a family of four is $26,200 annually and $2,183 monthly.

What is the cheapest place to live in Illinois?

“The absolute cheapest place to live in Illinois for 2021 is Litchfield, a small city located between St. Louis and Springfield. Litchfield takes the gold medal for affordability thanks to being an equally great place to buy or rent.

What is the poorest town in Illinois?

(The Center Square) – East St. Louis was ranked the poorest city in Illinois in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712. With a population of 26,543, East St.