Cost of living in Kewanee 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 Kewanee 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 Kewanee is 79, with 100 being the average.
The cost of living index in Kewanee is 0.8x lower than the national average.
Kewanee ranks as the #9 cheapest in Illinois out of 338.
Kewanee ranks as the #155 cheapest out of 6,412 in the US.
The median home value in Kewanee is $58,500.
The median income in Kewanee is $41,452.
According to the most recent data on the cost of living, Kewanee has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Illinois, Kewanee has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Kewanee ranks as #9 most affordable out of the 338 places we measured in Illinois. By definition, that implies Kewanee ranks as the #329 most expensive place in the Prairie State.
For more reading on life in Kewanee, check out:
Six factors go into calculating the cost of living index in Kewanee. Here is how it fairs on each of the criteria:
The Services index in Kewanee is 97.
The Groceries index in Kewanee is 105.
The Health index in Kewanee is 105.
The Housing index in Kewanee is 40.
The Transportation index in Kewanee is 105.
The Utilities index in Kewanee is 94.
Living Expense | Kewanee | Illinois | National Average | |
---|---|---|---|---|
Overall | 79 | 92 | 100 | |
Services | 97 | 95 | 100 | |
Groceries | 105 | 98 | 100 | |
Health | 105 | 96 | 100 | |
Housing | 40 | 81 | 100 | |
Transportation | 105 | 105 | 100 | |
Utilities | 94 | 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 Kewanee is $58,500.
The Median Rent in Kewanee is $686.
The Median Income in Kewanee is $41,452.
The Home Value To Income in Kewanee is 1.4x.
The Rent To Monthly Income in Kewanee is 0.2x.
Statistic | Kewanee | Illinois | United States |
---|---|---|---|
Median Home Value | $58,500 | $212,600 | $244,900 |
Median Rent | $686 | $1,097 | $1,163 |
Median Income | $41,452 | $72,563 | $69,021 |
Home Value To Income | 1.4x | 2.9x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Kewanee. Here's a quick look at the cost of living in the most populous nearby places:
Moline, IL has a cost of living index of 90, 1.1x Kewanee.
East Peoria, IL has a cost of living index of 87, 1.1x Kewanee.
Morton, IL has a cost of living index of 97, 1.2x Kewanee.
City | Population | Cost Of Living | Vs. Kewanee |
---|---|---|---|
Moline, IL | 42,660 | 90 | 1.1x |
East Peoria, IL | 22,707 | 87 | 1.1x |
Morton, IL | 16,591 | 97 | 1.2x |
Washington, IL | 16,008 | 95 | 1.2x |
Peru, IL | 9,862 | 88 | 1.1x |
Monmouth, IL | 8,810 | 80 | 1.0x |
Geneseo, IL | 6,774 | 89 | 1.1x |
Chillicothe, IL | 6,272 | 88 | 1.1x |
Eureka, IL | 5,569 | 84 | 1.1x |
Colona, IL | 5,339 | 87 | 1.1x |