Cost Of Living in Berkeley, 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	Berkeley	Illinois	National
Cost of living	102	96	100
Goods & Services	107	97	100
Groceries	104	98	100
Health care	108	95	100
Housing	99	95	100
Transportation	107	103	100
Utilities	89	89	100

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Cost Of Living Quick Facts

The cost of living in Berkeley is 6% higher than the Illinois average
The cost of living in Berkeley is 2% higher than the national average
Berkeley housing is 1% 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

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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	$71,521	$5,960	$1,669	$2,146
Renters	$46,134	$3,845	$1,076	$1,384

A good way to judge both the affordability of the housing and the cost of living in Berkeley is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Berkeley has a median income of about $71,521 for people who own homes. Based on that number, a maximum of $1,669 should be spent on expenses related to housing. Renters have a slightly different median income, which is $46,134. Based on this average, renters should spend no more than $1,076 on all rental costs if they want to maintain a non-impoverished standard of living.

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	Berkeley	National avg.	Difference
Haircut	$33.69	$24.26	38.9%
Beauty Salon	$53.44	$45.56	17.3%
Toothpaste	$3.75	$3.70	1.4%
Shampoo	$1.27	$1.28	1.1%
Movie	$17.91	$12.13	47.6%
Bowling	$24.58	$18.00	36.6%

Groceries

Item	Berkeley	National avg.	Difference
Ground Beef	$5.28	$5.84	9.5%
Fried Chicken	$1.42	$1.57	9.7%
Milk	$4.87	$4.67	4.3%
Potatoes	$4.90	$4.93	0.7%
Pizza	$13.41	$12.09	10.9%
Beer	$10.00	$10.41	4.0%

Health Care

Item	Berkeley	National avg.	Difference
Optometrist	$118.27	$125.68	5.9%
Doctor	$167.67	$135.78	23.5%
Dentist	$128.22	$113.29	13.2%
Ibuprofen	$10.97	$10.65	2.9%
Lipitor	$382.34	$468.60	18.4%

Housing

Item	Berkeley	National avg.	Difference
Home Price	$175,900.00	$184,700.00	4.8%
Avg. Mortgage Payment	$2,578.06	$2,346.69	9.9%
Apartment Rent	$1,017.00	$949.00	7.2%

Transportation

Item	Berkeley	National avg.	Difference
Gasoline	$3.56	$3.46	2.7%
Tire Balancing	$70.87	$59.92	18.3%

Utilities

Item	Berkeley	National avg.	Difference
All Electricity	$148.58	$193.99	23.4%
Phone	$210.03	$192.25	9.3%

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.
Hodgkins, IL	1,753	85	14.6%
Hometown, IL	4,216	91	9.0%
Merrionette Park, IL	1,973	96	4.4%
Maywood, IL	23,351	100	0.0%
Bellwood, IL	18,799	101	1.0%
Berkeley, IL	5,079	102	2.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Shanor-Northvue, PA	5,079	103	3.2%
Bristol, WI	5,079	112	12.3%
Monee, IL	5,080	100	0.2%
St. Clairsville, OH	5,080	99	1.1%
Chesterbrook, PA	5,080	132	32.4%
Berkeley, IL	5,079	102	2.4%

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 Berkeley, IL