Edwardsville, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Edwardsville, IL Summary

Cost of living in Edwardsville 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 Edwardsville 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 Edwardsville is 98, with 100 being the average.

  • The cost of living index in Edwardsville is 1.0x lower than the national average.

  • Edwardsville ranks as the #152 cheapest in Illinois out of 338.

  • Edwardsville ranks as the #2,890 cheapest out of 6,412 in the US.

  • The median home value in Edwardsville is $247,000.

  • The median income in Edwardsville is $78,298.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
98
Edwardsville's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Edwardsville, IL?

According to the most recent data on the cost of living, Edwardsville has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.

Compared to Illinois, Edwardsville has a cost of living index that's 1.1x higher than Illinois's index of 92.

The standard of living in Edwardsville ranks as #152 most affordable out of the 338 places we measured in Illinois. By definition, that implies Edwardsville ranks as the #186 most expensive place in the Prairie State.

For more reading on life in Edwardsville, check out:

152 out of 338
In Illinois
2,890 out of 6,412
In America

Edwardsville Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Edwardsville. Here is how it fairs on each of the criteria:

  • The Services index in Edwardsville is 92.

  • The Groceries index in Edwardsville is 103.

  • The Health index in Edwardsville is 89.

  • The Housing index in Edwardsville is 104.

  • The Transportation index in Edwardsville is 91.

  • The Utilities index in Edwardsville is 97.

Living Expense Edwardsville Illinois National Average
Overall 98 92 100
Services 92 95 100
Groceries 103 98 100
Health 89 96 100
Housing 104 81 100
Transportation 91 105 100
Utilities 97 90 100
For more reading on cost of living around Illinois, check out:
Edwardsville Cost of Living Vs. IL

Edwardsville, 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 Edwardsville is $247,000.

  • The Median Rent in Edwardsville is $1,058.

  • The Median Income in Edwardsville is $78,298.

  • The Home Value To Income in Edwardsville is 3.2x.

  • The Rent To Monthly Income in Edwardsville is 0.16x.

Statistic Edwardsville Illinois United States
Median Home Value $247,000 $212,600 $244,900
Median Rent $1,058 $1,097 $1,163
Median Income $78,298 $72,563 $69,021
Home Value To Income 3.2x 2.9x 3.5x
Rent To Monthly Income 0.16x 0.18x 0.2x
Search Homes For Sale In Edwardsville, IL
$247,000
Median Home Value
$1,058
Median Rent
$78,298
Median Income

Edwardsville, IL Costs By Category

Detailed Edwardsville Services Costs Vs. Illinois

Item Edwardsville Illinois
Shampoo $1.1 $1.06
Movie $9.81 $10.68
Bowling $15.64 $14.67
Haircut $17.58 $18.62
Beauty Salon $38.54 $39.05

Detailed Edwardsville Groceries Costs Vs. Illinois

Item Edwardsville Illinois
Ground Beef $4.13 $4.22
Fried Chicken $1.67 $1.39
Milk $1.86 $2.05
Potatoes $2.98 $3.29
Pizza $9.9 $10.62
Beer $9.38 $9.38
Toothpaste $2.36 $2.34

Detailed Edwardsville Health Costs Vs. Illinois

Item Edwardsville Illinois
Optometrist $76.71 $108.57
Doctor $75.53 $116.17
Dentist $98.39 $99.13

Detailed Edwardsville Transportation Costs Vs. Illinois

Item Edwardsville Illinois
Gasoline $2.03 $2.22
Tire Balancing $41.83 $50.07

Detailed Edwardsville Utilities Costs Vs. Illinois

Item Edwardsville Illinois
All Electricity $149.35 $167.67
Phone $193.9 $175.64

Edwardsville SnackAbility

8.5
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
8
Diversity
7
Safety
9.5
Amenities
8.5
Education
9
Commute
7

Cost Of Living In Cities Around Edwardsville

The cost of living varies in the cities and towns around Edwardsville. 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, 1.0x Edwardsville.

  • Collinsville, IL has a cost of living index of 90, 0.9x Edwardsville.

  • Godfrey, IL has a cost of living index of 90, 0.9x Edwardsville.

City Population Cost Of Living Vs. Edwardsville
O'Fallon, IL 31,963 99 1.0x
Collinsville, IL 24,627 90 0.9x
Godfrey, IL 17,812 90 0.9x
Fairview Heights, IL 16,601 87 0.9x
Swansea, IL 15,037 94 1.0x
Shiloh, IL 13,638 98 1.0x
Glen Carbon, IL 13,532 97 1.0x
Troy, IL 10,858 90 0.9x
Wood River, IL 10,325 82 0.8x
Highland, IL 10,215 88 0.9x

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