Decatur, IL Cost Of Living
Cost Of Living In Decatur, IL Summary
Cost of living in Decatur 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 Decatur 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 Decatur is 81, with 100 being the average.
The cost of living index in Decatur is 0.8x lower than the national average.
Decatur ranks as the #22 cheapest in Illinois out of 338.
Decatur ranks as the #290 cheapest out of 6,412 in the US.
The median home value in Decatur is $86,800.
The median income in Decatur is $45,111.
Table Of Contents
Decatur's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Decatur, IL?
According to the most recent data on the cost of living, Decatur has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Illinois, Decatur has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Decatur ranks as #22 most affordable out of the 338 places we measured in Illinois. By definition, that implies Decatur ranks as the #316 most expensive place in the Prairie State.
For more reading on life in Decatur, check out:
- Living In Decatur
- Decatur Crime Report
- Search Homes For Sale In Decatur, IL
In Illinois
In America
Decatur Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Decatur. Here is how it fairs on each of the criteria:
The Services index in Decatur is 91.
The Groceries index in Decatur is 95.
The Health index in Decatur is 84.
The Housing index in Decatur is 51.
The Transportation index in Decatur is 95.
The Utilities index in Decatur is 95.
| Living Expense | Decatur | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 81 | 92 | 100 | |
| Services | 91 | 95 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 84 | 96 | 100 | |
| Housing | 51 | 81 | 100 | |
| Transportation | 95 | 105 | 100 | |
| Utilities | 95 | 90 | 100 | |
Decatur, 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 Decatur is $86,800.
The Median Rent in Decatur is $713.
The Median Income in Decatur is $45,111.
The Home Value To Income in Decatur is 1.9x.
The Rent To Monthly Income in Decatur is 0.19x.
| Statistic | Decatur | Illinois | United States |
|---|---|---|---|
| Median Home Value | $86,800 | $212,600 | $244,900 |
| Median Rent | $713 | $1,097 | $1,163 |
| Median Income | $45,111 | $72,563 | $69,021 |
| Home Value To Income | 1.9x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Decatur, IL Costs By Category
Detailed Decatur Services Costs Vs. Illinois
Detailed Decatur Groceries Costs Vs. Illinois
Detailed Decatur Health Costs Vs. Illinois
Detailed Decatur Transportation Costs Vs. Illinois
Detailed Decatur Utilities Costs Vs. Illinois
Decatur SnackAbility
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Cost Of Living In Cities Around Decatur
The cost of living varies in the cities and towns around Decatur. Here's a quick look at the cost of living in the most populous nearby places:
Springfield, IL has a cost of living index of 93, 1.1x Decatur.
Champaign, IL has a cost of living index of 93, 1.1x Decatur.
Bloomington, IL has a cost of living index of 94, 1.2x Decatur.
| City | Population | Cost Of Living | Vs. Decatur |
|---|---|---|---|
| Springfield, IL | 114,672 | 93 | 1.1x |
| Champaign, IL | 88,343 | 93 | 1.1x |
| Bloomington, IL | 78,372 | 94 | 1.2x |
| Normal, IL | 53,446 | 95 | 1.2x |
| Urbana, IL | 39,189 | 91 | 1.1x |
| Chatham, IL | 14,245 | 102 | 1.3x |
| Mahomet, IL | 9,297 | 100 | 1.2x |
| Savoy, IL | 8,793 | 99 | 1.2x |
| Monticello, IL | 6,202 | 94 | 1.2x |
| Mount Zion, IL | 6,092 | 87 | 1.1x |
