Cost of living in Litchfield 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 Litchfield 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 Litchfield is 84, with 100 being the average.
The cost of living index in Litchfield is 0.8x lower than the national average.
Litchfield ranks as the #44 cheapest in Illinois out of 338.
Litchfield ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Litchfield is $85,500.
The median income in Litchfield is $50,069.
According to the most recent data on the cost of living, Litchfield has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Illinois, Litchfield has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Litchfield ranks as #44 most affordable out of the 338 places we measured in Illinois. By definition, that implies Litchfield ranks as the #294 most expensive place in the Prairie State.
For more reading on life in Litchfield, check out:
Six factors go into calculating the cost of living index in Litchfield. Here is how it fairs on each of the criteria:
The Services index in Litchfield is 103.
The Groceries index in Litchfield is 97.
The Health index in Litchfield is 104.
The Housing index in Litchfield is 48.
The Transportation index in Litchfield is 100.
The Utilities index in Litchfield is 89.
Living Expense | Litchfield | Illinois | National Average | |
---|---|---|---|---|
Overall | 84 | 92 | 100 | |
Services | 103 | 95 | 100 | |
Groceries | 97 | 98 | 100 | |
Health | 104 | 96 | 100 | |
Housing | 48 | 81 | 100 | |
Transportation | 100 | 105 | 100 | |
Utilities | 89 | 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 Litchfield is $85,500.
The Median Rent in Litchfield is $547.
The Median Income in Litchfield is $50,069.
The Home Value To Income in Litchfield is 1.7x.
The Rent To Monthly Income in Litchfield is 0.13x.
Statistic | Litchfield | Illinois | United States |
---|---|---|---|
Median Home Value | $85,500 | $212,600 | $244,900 |
Median Rent | $547 | $1,097 | $1,163 |
Median Income | $50,069 | $72,563 | $69,021 |
Home Value To Income | 1.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.13x | 0.18x | 0.2x |
Item | Litchfield | Illinois |
---|---|---|
Shampoo | $0.89 | $1.06 |
Movie | $11.99 | $10.68 |
Bowling | $6.4 | $14.67 |
Haircut | $10.71 | $18.62 |
Beauty Salon | $32.39 | $39.05 |
Item | Litchfield | Illinois |
---|---|---|
Ground Beef | $3.69 | $4.22 |
Fried Chicken | $1.4 | $1.39 |
Milk | $1.72 | $2.05 |
Potatoes | $2.86 | $3.29 |
Pizza | $12.73 | $10.62 |
Beer | $8.22 | $9.38 |
Toothpaste | $2.21 | $2.34 |
Item | Litchfield | Illinois |
---|---|---|
Optometrist | $74.0 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $89.33 | $99.13 |
Item | Litchfield | Illinois |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $48.87 | $50.07 |
Item | Litchfield | Illinois |
---|---|---|
All Electricity | $159.87 | $167.67 |
Phone | $23.34 | $175.64 |
The cost of living varies in the cities and towns around Litchfield. 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, 1.2x Litchfield.
Edwardsville, IL has a cost of living index of 98, 1.2x Litchfield.
Swansea, IL has a cost of living index of 94, 1.1x Litchfield.
City | Population | Cost Of Living | Vs. Litchfield |
---|---|---|---|
O'Fallon, IL | 31,963 | 99 | 1.2x |
Edwardsville, IL | 25,236 | 98 | 1.2x |
Swansea, IL | 15,037 | 94 | 1.1x |
Chatham, IL | 14,245 | 102 | 1.2x |
Shiloh, IL | 13,638 | 98 | 1.2x |
Glen Carbon, IL | 13,532 | 97 | 1.2x |
Troy, IL | 10,858 | 90 | 1.1x |
Bethalto, IL | 9,414 | 86 | 1.0x |
Mascoutah, IL | 8,803 | 92 | 1.1x |
Maryville, IL | 8,115 | 98 | 1.2x |