Collinsville, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Collinsville, IL Summary

Cost of living in Collinsville 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 Collinsville 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 Collinsville is 90, with 100 being the average.

  • The cost of living index in Collinsville is 0.9x lower than the national average.

  • Collinsville ranks as the #95 cheapest in Illinois out of 338.

  • Collinsville ranks as the #1,633 cheapest out of 6,412 in the US.

  • The median home value in Collinsville is $130,400.

  • The median income in Collinsville is $60,793.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
90
Collinsville's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Collinsville, IL?

According to the most recent data on the cost of living, Collinsville has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Illinois, Collinsville has a cost of living index that's 1.0x lower than Illinois's index of 92.

The standard of living in Collinsville ranks as #95 most affordable out of the 338 places we measured in Illinois. By definition, that implies Collinsville ranks as the #243 most expensive place in the Prairie State.

For more reading on life in Collinsville, check out:

95 out of 338
In Illinois
1,633 out of 6,412
In America

Collinsville Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Collinsville. Here is how it fairs on each of the criteria:

  • The Services index in Collinsville is 95.

  • The Groceries index in Collinsville is 101.

  • The Health index in Collinsville is 89.

  • The Housing index in Collinsville is 76.

  • The Transportation index in Collinsville is 90.

  • The Utilities index in Collinsville is 94.

Living Expense Collinsville Illinois National Average
Overall 90 92 100
Services 95 95 100
Groceries 101 98 100
Health 89 96 100
Housing 76 81 100
Transportation 90 105 100
Utilities 94 90 100
For more reading on cost of living around Illinois, check out:
Collinsville Cost of Living Vs. IL

Collinsville, IL Housing Cost Breakdown

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 Collinsville is $130,400.

  • The Median Rent in Collinsville is $886.

  • The Median Income in Collinsville is $60,793.

  • The Home Value To Income in Collinsville is 2.1x.

  • The Rent To Monthly Income in Collinsville is 0.17x.

Statistic Collinsville Illinois United States
Median Home Value $130,400 $212,600 $244,900
Median Rent $886 $1,097 $1,163
Median Income $60,793 $72,563 $69,021
Home Value To Income 2.1x 2.9x 3.5x
Rent To Monthly Income 0.17x 0.18x 0.2x
Search Homes For Sale In Collinsville, IL
$130,400
Median Home Value
$886
Median Rent
$60,793
Median Income

Collinsville, IL Costs By Category

Detailed Collinsville Services Costs Vs. Illinois

Item Collinsville Illinois
Shampoo $1.1 $1.06
Movie $9.81 $10.68
Bowling $15.64 $14.67
Haircut $17.58 $18.62
Beauty Salon $38.54 $39.05

Detailed Collinsville Groceries Costs Vs. Illinois

Item Collinsville Illinois
Ground Beef $4.13 $4.22
Fried Chicken $1.67 $1.39
Milk $1.86 $2.05
Potatoes $2.98 $3.29
Pizza $9.9 $10.62
Beer $9.38 $9.38
Toothpaste $2.36 $2.34

Detailed Collinsville Health Costs Vs. Illinois

Item Collinsville Illinois
Optometrist $76.71 $108.57
Doctor $75.53 $116.17
Dentist $98.39 $99.13

Detailed Collinsville Transportation Costs Vs. Illinois

Item Collinsville Illinois
Gasoline $2.03 $2.22
Tire Balancing $41.83 $50.07

Detailed Collinsville Utilities Costs Vs. Illinois

Item Collinsville Illinois
All Electricity $149.35 $167.67
Phone $193.9 $175.64

Collinsville SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
8
Safety
N/A
Amenities
8.5
Education
8
Commute
8

Cost Of Living In Cities Around Collinsville

The cost of living varies in the cities and towns around Collinsville. Here's a quick look at the cost of living in the most populous nearby places:

  • O'Fallon, IL has a cost of living index of 99, 1.1x Collinsville.

  • Edwardsville, IL has a cost of living index of 98, 1.1x Collinsville.

  • Fairview Heights, IL has a cost of living index of 87, 1.0x Collinsville.

City Population Cost Of Living Vs. Collinsville
O'Fallon, IL 31,963 99 1.1x
Edwardsville, IL 25,236 98 1.1x
Fairview Heights, IL 16,601 87 1.0x
Swansea, IL 15,037 94 1.0x
Shiloh, IL 13,638 98 1.1x
Glen Carbon, IL 13,532 97 1.1x
Columbia, IL 11,090 94 1.0x
Troy, IL 10,858 90 1.0x
Bethalto, IL 9,414 86 1.0x
Mascoutah, IL 8,803 92 1.0x

Articles About Illinois

Enjoy The Snack?