Cost Of Living in Hamilton, 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	Hamilton	Illinois	National
Cost of living	86	96	100
Goods & Services	96	97	100
Groceries	95	98	100
Health care	104	95	100
Housing	56	95	100
Transportation	100	103	100
Utilities	113	89	100

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Cost Of Living Quick Facts

The cost of living in Hamilton is 10% lower than the Illinois average
The cost of living in Hamilton is 14% lower than the national average
Hamilton housing is 44% 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	$57,569	$4,797	$1,343	$1,727
Renters	$27,074	$2,256	$632	$812

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	Hamilton	National avg.	Difference
Haircut	$18.13	$24.26	25.3%
Beauty Salon	$28.00	$45.56	38.5%
Toothpaste	$3.84	$3.70	3.8%
Shampoo	$1.30	$1.28	1.3%
Movie	$9.83	$12.13	19.0%
Bowling	$11.95	$18.00	33.6%

Groceries

Item	Hamilton	National avg.	Difference
Ground Beef	$5.55	$5.84	5.0%
Fried Chicken	$1.41	$1.57	10.6%
Milk	$4.72	$4.67	1.0%
Potatoes	$4.74	$4.93	4.0%
Pizza	$12.79	$12.09	5.8%
Beer	$9.83	$10.41	5.6%

Health Care

Item	Hamilton	National avg.	Difference
Optometrist	$120.50	$125.68	4.1%
Doctor	$171.88	$135.78	26.6%
Dentist	$97.53	$113.29	13.9%
Ibuprofen	$10.43	$10.65	2.1%
Lipitor	$506.88	$468.60	8.2%

Housing

Item	Hamilton	National avg.	Difference
Home Price	$91,400.00	$184,700.00	50.5%
Avg. Mortgage Payment	$1,420.60	$2,346.69	39.5%
Apartment Rent	$684.00	$949.00	27.9%

Transportation

Item	Hamilton	National avg.	Difference
Gasoline	$3.37	$3.46	2.5%
Tire Balancing	$62.78	$59.92	4.8%

Utilities

Item	Hamilton	National avg.	Difference
All Electricity	$229.59	$193.99	18.3%
Phone	$200.45	$192.25	4.3%

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.
Basco, IL	85	75	24.7%
West Point, IL	219	76	23.6%
Alexandria, MO	105	76	23.5%
Bentley, IL	18	79	21.3%
Elvaston, IL	151	80	20.2%
Hamilton, IL	2,808	86	13.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Hillsboro, KS	2,808	81	19.0%
Dermott, AR	2,807	75	24.9%
K. I. Sawyer, MI	2,807	79	20.9%
Harveys Lake, PA	2,807	104	4.3%
Mohave Valley, AZ	2,809	89	11.0%
Hamilton, IL	2,808	86	13.8%

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 Hamilton, IL