Cost of living in Bethalto research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bethalto is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Bethalto is 86, with 100 being the average.
The cost of living index in Bethalto is 0.9x lower than the national average.
Bethalto ranks as the #61 cheapest in Illinois out of 338.
Bethalto ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Bethalto is $139,900.
The median income in Bethalto is $66,193.
According to the most recent data on the cost of living, Bethalto has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Illinois, Bethalto has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Bethalto ranks as #61 most affordable out of the 338 places we measured in Illinois. By definition, that implies Bethalto ranks as the #277 most expensive place in the Prairie State.
For more reading on life in Bethalto, check out:
Six factors go into calculating the cost of living index in Bethalto. Here is how it fairs on each of the criteria:
The Services index in Bethalto is 95.
The Groceries index in Bethalto is 101.
The Health index in Bethalto is 90.
The Housing index in Bethalto is 74.
The Transportation index in Bethalto is 91.
The Utilities index in Bethalto is 96.
Living Expense | Bethalto | Illinois | National Average | |
---|---|---|---|---|
Overall | 86 | 92 | 100 | |
Services | 95 | 95 | 100 | |
Groceries | 101 | 98 | 100 | |
Health | 90 | 96 | 100 | |
Housing | 74 | 81 | 100 | |
Transportation | 91 | 105 | 100 | |
Utilities | 96 | 90 | 100 |
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Bethalto is $139,900.
The Median Rent in Bethalto is $797.
The Median Income in Bethalto is $66,193.
The Home Value To Income in Bethalto is 2.1x.
The Rent To Monthly Income in Bethalto is 0.14x.
Statistic | Bethalto | Illinois | United States |
---|---|---|---|
Median Home Value | $139,900 | $212,600 | $244,900 |
Median Rent | $797 | $1,097 | $1,163 |
Median Income | $66,193 | $72,563 | $69,021 |
Home Value To Income | 2.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Bethalto. Here's a quick look at the cost of living in the most populous nearby places:
Alton, IL has a cost of living index of 83, 1.0x Bethalto.
Edwardsville, IL has a cost of living index of 98, 1.1x Bethalto.
Collinsville, IL has a cost of living index of 90, 1.0x Bethalto.
City | Population | Cost Of Living | Vs. Bethalto |
---|---|---|---|
Alton, IL | 25,902 | 83 | 1.0x |
Edwardsville, IL | 25,236 | 98 | 1.1x |
Collinsville, IL | 24,627 | 90 | 1.0x |
Old Jamestown, MO | 20,382 | 98 | 1.1x |
Godfrey, IL | 17,812 | 90 | 1.0x |
Glen Carbon, IL | 13,532 | 97 | 1.1x |
Troy, IL | 10,858 | 90 | 1.0x |
Wood River, IL | 10,325 | 82 | 1.0x |
Maryville, IL | 8,115 | 98 | 1.1x |
Black Jack, MO | 6,663 | 89 | 1.0x |