Edwardsville, IL Cost Of Living
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 100, with 100 being the average.
The cost of living index in Edwardsville is 1.0x lower than the national average.
Edwardsville ranks as the #146 cheapest in Illinois out of 336.
Edwardsville ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in Edwardsville is $321,566.
The median income in Edwardsville is $92,671.
Table Of Contents
Edwardsville's Overall Cost Of Living
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 100, which is 1.0x lower than the national index of 100.
Compared to Illinois, Edwardsville has a cost of living index that's 1.0x higher than Illinois's index of 97.
The standard of living in Edwardsville ranks as #146 most affordable out of the 336 places we measured in Illinois. By definition, that implies Edwardsville ranks as the #190 most expensive place in the Prairie State.
For more reading on life in Edwardsville, check out:
In Illinois
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 98.
The Health index in Edwardsville is 89.
The Housing index in Edwardsville is 118.
The Transportation index in Edwardsville is 95.
The Utilities index in Edwardsville is 103.
| Living Expense | Edwardsville | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 100 | 97 | 100 | |
| Services | 92 | 95 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 89 | 93 | 100 | |
| Housing | 118 | 95 | 100 | |
| Transportation | 95 | 102 | 100 | |
| Utilities | 103 | 91 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Edwardsville is $321,566.
The Median Rent in Edwardsville is $1,231.
The Median Income in Edwardsville is $92,671.
The Home Value To Income in Edwardsville is 3.5x.
The Rent To Monthly Income in Edwardsville is 0.16x.
| Statistic | Edwardsville | Illinois | United States |
|---|---|---|---|
| Median Home Value | $321,566 | $283,508 | $303,400 |
| Median Rent | $1,231 | $1,227 | $1,348 |
| Median Income | $92,671 | $81,702 | $78,538 |
| Home Value To Income | 3.5x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Edwardsville, IL Costs By Category
Detailed Edwardsville Services Costs Vs. Illinois
| Item | Edwardsville | Illinois |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $11.28 | $12.13 |
| Bowling | $16.92 | $18 |
| Haircut | $21.19 | $24.26 |
| Beauty Salon | $40.57 | $45.56 |
Detailed Edwardsville Groceries Costs Vs. Illinois
| Item | Edwardsville | Illinois |
|---|---|---|
| Ground Beef | $6.4 | $5.84 |
| Fried Chicken | $1.36 | $1.57 |
| Milk | $4.5 | $4.67 |
| Potatoes | $5.28 | $4.93 |
| Pizza | $10.84 | $12.09 |
| Beer | $9.47 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Edwardsville Health Costs Vs. Illinois
| Item | Edwardsville | Illinois |
|---|---|---|
| Optometrist | $125.72 | $125.68 |
| Doctor | $124.51 | $135.78 |
| Dentist | $100.78 | $113.29 |
Detailed Edwardsville Transportation Costs Vs. Illinois
| Item | Edwardsville | Illinois |
|---|---|---|
| Gasoline | $3.2 | $3.46 |
| Tire Balancing | $50.0 | $59.92 |
Detailed Edwardsville Utilities Costs Vs. Illinois
| Item | Edwardsville | Illinois |
|---|---|---|
| All Electricity | $133.84 | $193.99 |
| Phone | $188.69 | $192.25 |
Edwardsville SnackAbility
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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 102, 1.0x Edwardsville.
Collinsville, IL has a cost of living index of 89, 0.9x Edwardsville.
Godfrey, IL has a cost of living index of 94, 0.9x Edwardsville.
| City | Population | Cost Of Living | Vs. Edwardsville |
|---|---|---|---|
| O'Fallon, IL | 32,139 | 102 | 1.0x |
| Collinsville, IL | 24,126 | 89 | 0.9x |
| Godfrey, IL | 17,743 | 94 | 0.9x |
| Fairview Heights, IL | 16,255 | 94 | 0.9x |
| Swansea, IL | 14,603 | 93 | 0.9x |
| Shiloh, IL | 14,109 | 101 | 1.0x |
| Glen Carbon, IL | 13,521 | 102 | 1.0x |
| Troy, IL | 10,889 | 94 | 0.9x |
| Wood River, IL | 10,315 | 83 | 0.8x |
| Highland, IL | 10,268 | 92 | 0.9x |
