Cost of living in Colona 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 Colona 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 Colona is 93, with 100 being the average.
The cost of living index in Colona is 0.9x lower than the national average.
Colona ranks as the #98 cheapest in Illinois out of 336.
Colona ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Colona is $179,778.
The median income in Colona is $76,558.
According to the most recent data on the cost of living, Colona has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Illinois, Colona has a cost of living index that's 1.0x lower than Illinois's index of 97.
The standard of living in Colona ranks as #98 most affordable out of the 336 places we measured in Illinois. By definition, that implies Colona ranks as the #238 most expensive place in the Prairie State.
For more reading on life in Colona, check out:
Six factors go into calculating the cost of living index in Colona. Here is how it fairs on each of the criteria:
The Services index in Colona is 94.
The Groceries index in Colona is 94.
The Health index in Colona is 105.
The Housing index in Colona is 70.
The Transportation index in Colona is 101.
The Utilities index in Colona is 113.
| Living Expense | Colona | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 93 | 97 | 100 | |
| Services | 94 | 95 | 100 | |
| Groceries | 94 | 99 | 100 | |
| Health | 105 | 93 | 100 | |
| Housing | 70 | 95 | 100 | |
| Transportation | 101 | 102 | 100 | |
| Utilities | 113 | 91 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Colona is $179,778.
The Median Rent in Colona is $881.
The Median Income in Colona is $76,558.
The Home Value To Income in Colona is 2.3x.
The Rent To Monthly Income in Colona is 0.14x.
The cost of living varies in the cities and towns around Colona. Here's a quick look at the cost of living in the most populous nearby places:
Davenport, IA has a cost of living index of 93, 1.0x Colona.
Moline, IL has a cost of living index of 88, 0.9x Colona.
Bettendorf, IA has a cost of living index of 102, 1.1x Colona.
| City | Population | Cost Of Living | Vs. Colona |
|---|---|---|---|
| Davenport, IA | 101,083 | 93 | 1.0x |
| Moline, IL | 42,235 | 88 | 0.9x |
| Bettendorf, IA | 39,297 | 102 | 1.1x |
| Rock Island, IL | 36,758 | 88 | 0.9x |
| East Moline, IL | 20,837 | 87 | 0.9x |
| Silvis, IL | 7,939 | 93 | 1.0x |
| Eldridge, IA | 6,743 | 105 | 1.1x |
| Geneseo, IL | 6,577 | 94 | 1.0x |
| Milan, IL | 5,037 | 92 | 1.0x |