What is the cost of living in Chatham, IL?
According to the most recent data on the cost of living, Chatham has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Illinois, Chatham has a cost of living index that's 1.1x higher than Illinois's index of 98.
The standard of living in Chatham ranks as #173 most affordable out of the 336 places we measured in Illinois. By definition, that implies Chatham ranks as the #163 most expensive place in the Prairie State.
For more reading on life in Chatham, check out:
Chatham Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Chatham. Here is how it fares on each of the criteria:
The Services index in Chatham is 97.
The Groceries index in Chatham is 103.
The Health index in Chatham is 109.
The Housing index in Chatham is 104.
The Transportation index in Chatham is 99.
The Utilities index in Chatham is 97.
| Living Expense | Chatham | Illinois | National Average |
|---|---|---|---|
| Overall | 103 | 98 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 103 | 99 | 100 |
| Health | 109 | 96 | 100 |
| Housing | 104 | 101 | 100 |
| Transportation | 99 | 99 | 100 |
| Utilities | 97 | 101 | 100 |
Chatham Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Chatham Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Chatham, 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 2020-2024. The key points are:
The Median Home Value in Chatham is $298,423.
The Median Rent in Chatham is $1,256.
The Median Income in Chatham is $106,773.
The Home Value To Income in Chatham is 2.8x.
The Rent To Monthly Income in Chatham is 0.14x.
Chatham, IL Costs By Category
Detailed Chatham Services costs vs. Illinois
Detailed Chatham Groceries costs vs. Illinois
Detailed Chatham Health costs vs. Illinois
Detailed Chatham Transportation costs vs. Illinois
Chatham SnackAbility
Cost Of Living In Cities Around Chatham
The cost of living varies in the cities and towns around Chatham. Here's a quick look at the cost of living in the most populous nearby places:
Springfield, IL has a cost of living index of 93, 0.9x Chatham.
Jacksonville, IL has a cost of living index of 87, 0.8x Chatham.
Lincoln, IL has a cost of living index of 88, 0.9x Chatham.
| City | Population | Cost Of Living | Vs. Chatham |
|---|---|---|---|
| Springfield, IL | 113,330 | 93 | 0.9x |
| Jacksonville, IL | 18,014 | 87 | 0.8x |
| Lincoln, IL | 13,281 | 88 | 0.9x |
| Middletown, KY | 9,763 | 108 | 1.0x |
| Beardstown, IL | 6,169 | 83 | 0.8x |
| Hillsboro, IL | 5,803 | 86 | 0.8x |
| Mount Zion, IL | 5,660 | 92 | 0.9x |
| Carlinville, IL | 5,480 | 87 | 0.8x |
| Pana, IL | 5,217 | 84 | 0.8x |
