A wise sage once said:
“She works hard for the money…”
And these places in Illinois definitely treat her right.
You see, these are the places in Illinois where the cost of living is the lowest; where your salary goes the furthest. And when if you have the luxury of choosing where to live in the Prairie State, then the cost of living should play a role in the decision.
So we did the hard for you and crunched the numbers to find the cities that have lower food, energy, and housing costs. After the dust settled on our analysis of the 332 largest places in Illinois, we were left with this set of the best value for your money.
- Galesburg (Photos | Homes For Sale)
- Monmouth (Photos | Homes For Sale)
- Quincy (Photos | Homes For Sale)
- Macomb (Photos | Homes For Sale)
- Pana (Photos | Homes For Sale)
- Vandalia (Photos | Homes For Sale)
- Mattoon (Photos | Homes For Sale)
- Shelbyville (Photos | Homes For Sale)
- Decatur (Photos | Homes For Sale)
- Clinton (Photos | Homes For Sale)
So listen up Glencoe (the most expensive place in Illinois) as we explain how we created this ranking. You could learn some things from the rest of the state.
And if you already knew these places were cheap, check out some more reading about Illinois and the cheapest places in the country:
How We Determined The Cheapest Places To Live In The Prairie State For 2018
There are basic necessities that you have to buy no matter where in the country you live. Those things include:
- Health Insurance
You can then compare the cost of these things in each of the places in Illinois to figure out which is the least expensive.
What you are left with is a “Cost of Living Index” that normalizes to 100 for an average place in the United States.
So we used that cost of living index in order to rank all of the 332 places in Illinois that have more than 5,000 people.
And just so you can better understand how the cost of living index works, 100 is the average cost of a place in the United States. A score of 90 means that the place cost 10% less than average. A score of 90 means it’s 10% less expensive.
San Francisco has a score of 243 meaning it’s almost 2.5 times as expensive as the average place in the country.
Galesburg is a city in Knox County, Illinois, United States. This city is forty-five miles northwest of Peoria. As of the 2010 census, the city population was 32,195. It is the county seat of Knox County. Galesburg is home to Knox College, a private four-year liberal arts college, and Carl Sandburg College, a two-year community college.
Monmouth is a city in and the county seat of Warren County, Illinois, United States. The population was 9,444 at the 2010 census, down from 9,841 in 2000. It is the home of Monmouth College and contains Monmouth Park, Harmon Park, North Park, Warfield Park, West Park, South Park, Garwood Park, Buster White Park and the Citizens Lake & Campground. It is the host of the Prime Beef festival, held annually the week after Labor Day. The festival is kicked off with one of the largest parades in Western Illinois. Monmouth is also known regionally as the “Maple City”. It is part of the Galesburg Micropolitan Statistical Area.
Quincy, known as Illinois’s “Gem City,” is a city in and the county seat of Adams County, Illinois, United States, located on the Mississippi River. The 2010 census counted a population of 40,633 in the city itself, up from 40,366 in 2000. As of July 1, 2015, the Quincy Micro Area had an estimated population of 77,220.
Macomb is a city in and the county seat of McDonough County, Illinois, United States. It is situated in western Illinois, southwest of Galesburg. The city is about 75 miles southwest of Peoria and 77 miles south of the Quad Cities. A special census held in 2014 placed the city’s population at 21,516. Macomb is the home of Western Illinois University.
Pana is a city in Christian County, Illinois, United States. The population was 5,614 at the 2000 census.
Vandalia is a town in Fayette County, Illinois, United States, 69 miles northeast of St. Louis, on the Kaskaskia River. It served as the state capital of Illinois from 1819 until 1839, when the seat of state government moved to Springfield. Vandalia was for years the western terminus of the National Road.
Mattoon is a city in Coles County, Illinois, United States. The population was 18,555 as of the 2010 census.
Shelbyville is a city in Shelby County, Illinois, along the Kaskaskia River. As of the 2010 census, the population was at 4,700. It is the county seat of Shelby County. Shelby Memorial Hospital, located in town, is the county’s only hospital. Shelbyville’s sister city is Okuwa Village, Japan.
Decatur is the largest city and the county seat of Macon County in the U.S. state of Illinois. The city was founded in 1829 and is along the Sangamon River and Lake Decatur in Central Illinois. In 2016, the city’s estimated population was 72,706.
Clinton is the largest city in DeWitt County, Illinois, United States. The population was 7,225 at the 2010 census. It is the county seat of DeWitt County.
There You Have It Mr. Or Mrs. Illinois Cheapskate
If you’re looking at the cost of living numbers in Illinois, this is an accurate list of the cheapest places to call home.
Here’s a look at the most expensive cities in Illinois according to the data:
- Lake Forest
For more Illinois reading, check out:
- These Are The 10 Best Places To Retire In Illinois For 2018
- 10 Best Places To Raise A Family In Illinois
- These Are The 10 Best Counties To Live In Illinois
Detailed List Of The Cheapest Places In Illinois