Colona, IL Cost Of Living
Cost Of Living In Colona, IL Summary
Cost of living in Colona 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 Colona 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 Colona is 87, with 100 being the average.
The cost of living index in Colona is 0.9x lower than the national average.
Colona ranks as the #71 cheapest in Illinois out of 338.
Colona ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Colona is $130,000.
The median income in Colona is $68,657.
Table Of Contents
Colona's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Colona, IL?
According to the most recent data on the cost of living, Colona has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Illinois, Colona has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Colona ranks as #71 most affordable out of the 338 places we measured in Illinois. By definition, that implies Colona ranks as the #267 most expensive place in the Prairie State.
For more reading on life in Colona, check out:
- Living In Colona
- Colona Crime Report
- Search Homes For Sale In Colona, IL
In Illinois
In America
Colona Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Colona. Here is how it fairs on each of the criteria:
The Services index in Colona is 95.
The Groceries index in Colona is 103.
The Health index in Colona is 105.
The Housing index in Colona is 58.
The Transportation index in Colona is 106.
The Utilities index in Colona is 90.
| Living Expense | Colona | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 87 | 92 | 100 | |
| Services | 95 | 95 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 105 | 96 | 100 | |
| Housing | 58 | 81 | 100 | |
| Transportation | 106 | 105 | 100 | |
| Utilities | 90 | 90 | 100 | |
Colona, 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 Colona is $130,000.
The Median Rent in Colona is $825.
The Median Income in Colona is $68,657.
The Home Value To Income in Colona is 1.9x.
The Rent To Monthly Income in Colona is 0.14x.
| Statistic | Colona | Illinois | United States |
|---|---|---|---|
| Median Home Value | $130,000 | $212,600 | $244,900 |
| Median Rent | $825 | $1,097 | $1,163 |
| Median Income | $68,657 | $72,563 | $69,021 |
| Home Value To Income | 1.9x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Colona, IL Costs By Category
Detailed Colona Services Costs Vs. Illinois
Detailed Colona Groceries Costs Vs. Illinois
Detailed Colona Health Costs Vs. Illinois
Detailed Colona Transportation Costs Vs. Illinois
Detailed Colona Utilities Costs Vs. Illinois
Colona SnackAbility
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Cost Of Living In Cities Around Colona
The cost of living varies in the cities and towns around Colona. Here's a quick look at the cost of living in the most populous nearby places:
Davenport, IA has a cost of living index of 91, 1.0x Colona.
Moline, IL has a cost of living index of 90, 1.0x Colona.
Bettendorf, IA has a cost of living index of 97, 1.1x Colona.
| City | Population | Cost Of Living | Vs. Colona |
|---|---|---|---|
| Davenport, IA | 101,725 | 91 | 1.0x |
| Moline, IL | 42,660 | 90 | 1.0x |
| Bettendorf, IA | 38,631 | 97 | 1.1x |
| Rock Island, IL | 37,519 | 85 | 1.0x |
| East Moline, IL | 21,181 | 88 | 1.0x |
| Silvis, IL | 7,942 | 87 | 1.0x |
| Geneseo, IL | 6,774 | 89 | 1.0x |
| Eldridge, IA | 6,634 | 100 | 1.1x |
| Milan, IL | 5,096 | 84 | 1.0x |
