Olney, IL Cost Of Living

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Updated: 2020-03-08
84
Olney's Overall Cost Of Living
0.8x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Olney is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Olney, IL?

According to the most recent data on the cost of living, Olney has an overall cost of living index of 84 which is 0.8x lower than the national index of 100.

Compared to only Illinois, Olney has a cost of living index that's 0.9x lower than Illinois's index of 98.

The standard of living in Olney ranks as #647 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Olney ranks as the #5760 most expensive place in the Prairie State.

For more reading on life in Olney, check out:

Olney Cost Of Living Vs. Illinois

Living Expense Olney Illinois National Average
Overall 84 98 100
Services 98 98 100
Groceries 91 97 100
Health 90 100 100
Housing 48 95 100
Transportation 101 112 100
Utilities 117 97 100
For more reading on cost of living around Illinois, check out:
Olney Cost of Living Vs. IL

Olney, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$83,600
Median Home Value
$538
Median Rent
$39,558
Median Income
Statistic Olney Illinois United States
Median Home Value $83,600 $187,200 $204,900
Median Rent $538 $984 $1,023
Median Income $39,558 $63,575 $60,293
Home Value To Income 2.1x 2.9x 3.4x
Rent To Monthly Income 0.16x 0.19x 0.2x

Olney SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
4
Affordability
8.5
Diversity
5
Safety
4
Amenities
8
Education
7
Commute
9

Cost Of Living In Cities Around Olney

City Population Cost Of Living Vs. Olney
Vincennes, IN 17,607 84 1.0x
Effingham, IL 12,624 86 1.0x
Washington, IN 12,069 85 1.0x
Robinson, IL 7,614 84 1.0x
Salem, IL 7,100 80 1.0x
Mount Carmel, IL 7,040 83 1.0x
Fairfield, IL 5,077 82 1.0x

Articles About Illinois

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