Cost of living in Eureka 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 Eureka 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 Eureka is 84, with 100 being the average.
The cost of living index in Eureka is 0.8x lower than the national average.
Eureka ranks as the #44 cheapest in Illinois out of 338.
Eureka ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Eureka is $151,400.
The median income in Eureka is $48,902.
According to the most recent data on the cost of living, Eureka has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Illinois, Eureka has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Eureka ranks as #44 most affordable out of the 338 places we measured in Illinois. By definition, that implies Eureka ranks as the #294 most expensive place in the Prairie State.
For more reading on life in Eureka, check out:
Six factors go into calculating the cost of living index in Eureka. Here is how it fairs on each of the criteria:
The Services index in Eureka is 92.
The Groceries index in Eureka is 97.
The Health index in Eureka is 92.
The Housing index in Eureka is 67.
The Transportation index in Eureka is 103.
The Utilities index in Eureka is 100.
Living Expense | Eureka | Illinois | National Average | |
---|---|---|---|---|
Overall | 84 | 92 | 100 | |
Services | 92 | 95 | 100 | |
Groceries | 97 | 98 | 100 | |
Health | 92 | 96 | 100 | |
Housing | 67 | 81 | 100 | |
Transportation | 103 | 105 | 100 | |
Utilities | 100 | 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 Eureka is $151,400.
The Median Rent in Eureka is $788.
The Median Income in Eureka is $48,902.
The Home Value To Income in Eureka is 3.1x.
The Rent To Monthly Income in Eureka is 0.19x.
Statistic | Eureka | Illinois | United States |
---|---|---|---|
Median Home Value | $151,400 | $212,600 | $244,900 |
Median Rent | $788 | $1,097 | $1,163 |
Median Income | $48,902 | $72,563 | $69,021 |
Home Value To Income | 3.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Eureka. Here's a quick look at the cost of living in the most populous nearby places:
Peoria, IL has a cost of living index of 87, 1.0x Eureka.
East Peoria, IL has a cost of living index of 87, 1.0x Eureka.
Morton, IL has a cost of living index of 97, 1.2x Eureka.
City | Population | Cost Of Living | Vs. Eureka |
---|---|---|---|
Peoria, IL | 113,672 | 87 | 1.0x |
East Peoria, IL | 22,707 | 87 | 1.0x |
Morton, IL | 16,591 | 97 | 1.2x |
Washington, IL | 16,008 | 95 | 1.1x |
Chillicothe, IL | 6,272 | 88 | 1.0x |
Peoria Heights, IL | 5,940 | 81 | 1.0x |