Alton, IL Cost Of Living
Cost Of Living In Alton, IL Summary
Cost of living in Alton 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 Alton 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 Alton is 83, with 100 being the average.
The cost of living index in Alton is 0.8x lower than the national average.
Alton ranks as the #33 cheapest in Illinois out of 338.
Alton ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Alton is $82,000.
The median income in Alton is $45,225.
Table Of Contents
Alton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Alton, IL?
According to the most recent data on the cost of living, Alton has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Illinois, Alton has a cost of living index that's 0.9x lower than Illinois's index of 92.
The standard of living in Alton ranks as #33 most affordable out of the 338 places we measured in Illinois. By definition, that implies Alton ranks as the #305 most expensive place in the Prairie State.
For more reading on life in Alton, check out:
- Living In Alton
- Alton Crime Report
- Search Homes For Sale In Alton, IL
In Illinois
In America
Alton Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Alton. Here is how it fairs on each of the criteria:
The Services index in Alton is 95.
The Groceries index in Alton is 100.
The Health index in Alton is 91.
The Housing index in Alton is 54.
The Transportation index in Alton is 92.
The Utilities index in Alton is 98.
| Living Expense | Alton | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 83 | 92 | 100 | |
| Services | 95 | 95 | 100 | |
| Groceries | 100 | 98 | 100 | |
| Health | 91 | 96 | 100 | |
| Housing | 54 | 81 | 100 | |
| Transportation | 92 | 105 | 100 | |
| Utilities | 98 | 90 | 100 | |
Alton, 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 Alton is $82,000.
The Median Rent in Alton is $824.
The Median Income in Alton is $45,225.
The Home Value To Income in Alton is 1.8x.
The Rent To Monthly Income in Alton is 0.22x.
| Statistic | Alton | Illinois | United States |
|---|---|---|---|
| Median Home Value | $82,000 | $212,600 | $244,900 |
| Median Rent | $824 | $1,097 | $1,163 |
| Median Income | $45,225 | $72,563 | $69,021 |
| Home Value To Income | 1.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Alton, IL Costs By Category
Detailed Alton Services Costs Vs. Illinois
Detailed Alton Groceries Costs Vs. Illinois
Detailed Alton Health Costs Vs. Illinois
Detailed Alton Transportation Costs Vs. Illinois
Detailed Alton Utilities Costs Vs. Illinois
Alton SnackAbility
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Cost Of Living In Cities Around Alton
The cost of living varies in the cities and towns around Alton. Here's a quick look at the cost of living in the most populous nearby places:
Edwardsville, IL has a cost of living index of 98, 1.2x Alton.
Collinsville, IL has a cost of living index of 90, 1.1x Alton.
Godfrey, IL has a cost of living index of 90, 1.1x Alton.
| City | Population | Cost Of Living | Vs. Alton |
|---|---|---|---|
| Edwardsville, IL | 25,236 | 98 | 1.2x |
| Collinsville, IL | 24,627 | 90 | 1.1x |
| Godfrey, IL | 17,812 | 90 | 1.1x |
| Spanish Lake, MO | 17,721 | 83 | 1.0x |
| Glen Carbon, IL | 13,532 | 97 | 1.2x |
| Troy, IL | 10,858 | 90 | 1.1x |
| Wood River, IL | 10,325 | 82 | 1.0x |
| Bethalto, IL | 9,414 | 86 | 1.0x |
| Maryville, IL | 8,115 | 98 | 1.2x |
| Jerseyville, IL | 7,674 | 87 | 1.0x |
