B+
1%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
10%
Housing NAT. AVG.
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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 Shiloh Illinois National
Cost of living9996100
Goods & Services9297100
Groceries9798100
Health care8995100
Housing11095100
Transportation94103100
Utilities10289100

An Overview of Cost of Living in Shiloh, IL

Knowing the cost of living in Shiloh allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Shiloh stands at 99, marking it 1% lower than the national average.

Everyday expenditures like food, housing, goods and services, transportation and health care in Shiloh are priced in a manner consistent with other areas. This means that residents of Shiloh can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is Shiloh Affordable?

Is Shiloh affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Shiloh, the median home price is 16.6% higher than the national average and monthly rent prices are 6.6% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Shiloh boasting a median household income of $87,076, 57.4% higher than the national average.

What Factors can Influence the Cost of Living in Shiloh?

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Shiloh, the transportation index is 6.5% lower than the national average.

Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Shiloh, the groceries index registers 3.1% lower than the national average.

Where is the Data From?

The cost of living in Shiloh, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Shiloh is 3% higher than the Illinois average
  • The cost of living in Shiloh is 1% lower than the national average
  • Shiloh housing is 10% 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

Most Affordable Places to Live in and Around Shiloh

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Compare Shiloh, IL Cost of Living

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      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$107,042$8,920$2,497$3,212
      Renters$41,200$3,433$961$1,236
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Shiloh, IL, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Shiloh homeowners, is $107,042. This would allow for a maximum of $2,497 per month to be spent on housing costs. For renters, the median monthly income is $41,200 which would result in a maximum of $961 to be spent on rental costs.

      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 Shiloh 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 Shiloh 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 Shiloh 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 Shiloh National avg. Difference
      Home Price $215,300.00$184,700.0016.6%
      Avg. Mortgage Payment $1,737.43$2,346.6926.0%
      Apartment Rent $886.00$949.006.6%

      Transportation

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

      Utilities

      Item Shiloh 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.
      Rentchler, IL4945.9%
      Paderborn, IL65945.9%
      Floraville, IL30945.9%
      Brooklyn, IL4287327.0%
      East St. Louis, IL26,3597723.4%
      Shiloh, IL13,465991.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      South Park Township, PA13,470964.1%
      Englewood, OH13,474937.5%
      Lake Forest Park, WA13,45517676.5%
      Newington, VA13,45215050.0%
      Perth East, ON13,452n/a 
      Shiloh, IL13,465991.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.