Cost of Living in Mount Olive, IL

A+
19%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
49%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Mount Olive Illinois National
Cost of living8196100
Goods & Services9297100
Groceries9798100
Health care8995100
Housing5195100
Transportation94103100
Utilities10289100
New Real Estate Listings in Mount Olive Area
Search
Search Homes for Sale in Mount Olive, IL
See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

  • The cost of living in Mount Olive is 16% lower than the Illinois average
  • The cost of living in Mount Olive is 19% lower than the national average
  • Mount Olive housing is 49% 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 Mount Olive

See all the best places to live around Mount Olive

Compare Mount Olive, IL Cost of Living

      vs
      How would you rate the cost of living in Mount Olive?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Mount Olive?
      Write a review to give others more information about this area.
      See all Mount Olive poll results

      The best places in Illinois

      Here are the best places to live in IllinoisMost Dangerous States In The USSafest Cities In The USCheck out the 10 most dangerous cities in Illinois

      Salary Calculator

      This is how much you would need to earn in
      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$59,808$4,984$1,395$1,794
      Renters$21,544$1,795$503$646

      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 Mount Olive National avg. Difference
      Haircut $21.19$24.2612.7%
      Beauty Salon $40.57$45.5611.0%
      Toothpaste $3.75$3.701.3%
      Shampoo $1.11$1.2813.3%
      Movie $11.28$12.137.1%
      Bowling $16.92$18.006.0%

      Groceries

      Item Mount Olive National avg. Difference
      Ground Beef $6.40$5.849.7%
      Fried Chicken $1.36$1.5713.3%
      Milk $4.50$4.673.7%
      Potatoes $5.28$4.936.9%
      Pizza $10.84$12.0910.3%
      Beer $9.47$10.419.1%

      Health Care

      Item Mount Olive National avg. Difference
      Optometrist $125.72$125.680.0%
      Doctor $124.51$135.788.3%
      Dentist $100.78$113.2911.0%
      Ibuprofen $10.14$10.654.8%
      Lipitor $520.16$468.6011.0%

      Housing

      Item Mount Olive National avg. Difference
      Home Price $78,700.00$184,700.0057.4%
      Avg. Mortgage Payment $1,737.43$2,346.6926.0%
      Apartment Rent $671.00$949.0029.3%

      Transportation

      Item Mount Olive National avg. Difference
      Gasoline $3.20$3.467.6%
      Tire Balancing $50.00$59.9216.6%

      Utilities

      Item Mount Olive National avg. Difference
      All Electricity $133.84$193.9931.0%
      Phone $188.69$192.251.9%
      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.
      Walshville, IL241945.9%
      Old Ripley, IL79945.9%
      Eagarville, IL1707525.0%
      Royal Lakes, IL2827623.7%
      Sorento, IL4997623.7%
      Mount Olive, IL2,0528118.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Belle Rose, LA2,052955.1%
      West Branch, MI2,0528712.9%
      Messiah College, PA2,0521043.7%
      Cade, LA2,053954.9%
      Warroad, MN2,0518712.8%
      Mount Olive, IL2,0528118.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2024