Quincy, IL Cost Of Living
Cost Of Living In Quincy, IL Summary
Cost of living in Quincy 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 Quincy 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 Quincy is 83, with 100 being the average.
The cost of living index in Quincy is 0.8x lower than the national average.
Quincy ranks as the #33 cheapest in Illinois out of 338.
Quincy ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Quincy is $122,900.
The median income in Quincy is $50,857.
Table Of Contents
Quincy's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Quincy, IL?
According to the most recent data on the cost of living, Quincy has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Illinois, Quincy has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Quincy ranks as #33 most affordable out of the 338 places we measured in Illinois. By definition, that implies Quincy ranks as the #305 most expensive place in the Prairie State.
For more reading on life in Quincy, check out:
- Living In Quincy
- Quincy Crime Report
- Search Homes For Sale In Quincy, IL
In Illinois
In America
Quincy Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Quincy. Here is how it fairs on each of the criteria:
The Services index in Quincy is 88.
The Groceries index in Quincy is 97.
The Health index in Quincy is 102.
The Housing index in Quincy is 61.
The Transportation index in Quincy is 96.
The Utilities index in Quincy is 112.
| Living Expense | Quincy | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 83 | 92 | 100 | |
| Services | 88 | 95 | 100 | |
| Groceries | 97 | 98 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 61 | 81 | 100 | |
| Transportation | 96 | 105 | 100 | |
| Utilities | 112 | 90 | 100 | |
Quincy, 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 Quincy is $122,900.
The Median Rent in Quincy is $710.
The Median Income in Quincy is $50,857.
The Home Value To Income in Quincy is 2.4x.
The Rent To Monthly Income in Quincy is 0.17x.
| Statistic | Quincy | Illinois | United States |
|---|---|---|---|
| Median Home Value | $122,900 | $212,600 | $244,900 |
| Median Rent | $710 | $1,097 | $1,163 |
| Median Income | $50,857 | $72,563 | $69,021 |
| Home Value To Income | 2.4x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Quincy, IL Costs By Category
Detailed Quincy Services Costs Vs. Illinois
Detailed Quincy Groceries Costs Vs. Illinois
Detailed Quincy Health Costs Vs. Illinois
Detailed Quincy Transportation Costs Vs. Illinois
Detailed Quincy Utilities Costs Vs. Illinois
Quincy SnackAbility
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Cost Of Living In Cities Around Quincy
The cost of living varies in the cities and towns around Quincy. Here's a quick look at the cost of living in the most populous nearby places:
Monroe, NC has a cost of living index of 97, 1.2x Quincy.
Hannibal, MO has a cost of living index of 86, 1.0x Quincy.
Fort Madison, IA has a cost of living index of 82, 1.0x Quincy.
| City | Population | Cost Of Living | Vs. Quincy |
|---|---|---|---|
| Monroe, NC | 34,464 | 97 | 1.2x |
| Hannibal, MO | 17,165 | 86 | 1.0x |
| Fort Madison, IA | 10,340 | 82 | 1.0x |
| Keokuk, IA | 9,977 | 78 | 0.9x |
| Lewistown, MT | 5,967 | 86 | 1.0x |
