Cost Of Living in Beecher, IL

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Beecher	Illinois	National
Cost of living	97	96	100
Goods & Services	96	97	100
Groceries	97	98	100
Health care	90	95	100
Housing	102	95	100
Transportation	95	103	100
Utilities	90	89	100

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Cost Of Living Quick Facts

The cost of living in Beecher is equal to the Illinois average
The cost of living in Beecher is 3% lower than the national average
Beecher housing is 2% 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
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$100,469	$8,372	$2,344	$3,014
Renters	$35,096	$2,925	$819	$1,053

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Beecher, 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 Beecher, homeowners have a median income of $100,469. Using that number, a maximum of $2,344 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $35,096, which means there is a maximum of $819 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%

Goods & Services

Item	Beecher	National avg.	Difference
Haircut	$23.56	$24.26	2.9%
Beauty Salon	$42.28	$45.56	7.2%
Toothpaste	$3.77	$3.70	1.9%
Shampoo	$1.46	$1.28	13.8%
Movie	$8.75	$12.13	27.9%
Bowling	$18.33	$18.00	1.9%

Groceries

Item	Beecher	National avg.	Difference
Ground Beef	$6.31	$5.84	8.0%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.63	$4.67	0.8%
Potatoes	$4.96	$4.93	0.5%
Pizza	$13.80	$12.09	14.1%
Beer	$10.43	$10.41	0.2%

Health Care

Item	Beecher	National avg.	Difference
Optometrist	$93.66	$125.68	25.5%
Doctor	$120.22	$135.78	11.5%
Dentist	$113.44	$113.29	0.1%
Ibuprofen	$10.48	$10.65	1.7%
Lipitor	$365.52	$468.60	22.0%

Housing

Item	Beecher	National avg.	Difference
Home Price	$191,900.00	$184,700.00	3.9%
Avg. Mortgage Payment	$1,536.70	$2,346.69	34.5%
Apartment Rent	$920.00	$949.00	3.1%

Transportation

Item	Beecher	National avg.	Difference
Gasoline	$3.17	$3.46	8.3%
Tire Balancing	$61.36	$59.92	2.4%

Utilities

Item	Beecher	National avg.	Difference
All Electricity	$157.45	$193.99	18.8%
Phone	$197.49	$192.25	2.7%

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	Population	Cost of Living Index	National Avg.
Ford Heights, IL	2,705	86	14.2%
Shelby, IN	370	84	16.2%
Sauk Village, IL	10,319	90	9.8%
Schneider, IN	183	86	13.8%
Park Forest, IL	20,715	91	8.8%
Beecher, IL	4,443	97	3.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Winfield, AL	4,443	81	18.7%
Lebanon, IL	4,443	89	11.1%
Stellarton, NS	4,442	n/a
Dilley, TX	4,441	82	17.6%
Armonk, NY	4,440	204	103.7%
Beecher, IL	4,443	97	3.2%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Beecher, IL