O'Fallon, IL Cost Of Living
Cost Of Living In O'Fallon, IL Summary
Cost of living in O'Fallon 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 O'Fallon 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 O'Fallon is 99, with 100 being the average.
The cost of living index in O'Fallon is 1.0x lower than the national average.
O'Fallon ranks as the #163 cheapest in Illinois out of 338.
O'Fallon ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in O'Fallon is $224,000.
The median income in O'Fallon is $96,698.
Table Of Contents
O'Fallon's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in O'Fallon, IL?
According to the most recent data on the cost of living, O'Fallon has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Illinois, O'Fallon has a cost of living index that's 1.1x higher than Illinois's index of 92.
The standard of living in O'Fallon ranks as #163 most affordable out of the 338 places we measured in Illinois. By definition, that implies O'Fallon ranks as the #175 most expensive place in the Prairie State.
For more reading on life in O'Fallon, check out:
- Living In O'Fallon
- O'Fallon Crime Report
- Search Homes For Sale In O'fallon, IL
In Illinois
In America
O'Fallon Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in O'Fallon. Here is how it fairs on each of the criteria:
The Services index in O'Fallon is 92.
The Groceries index in O'Fallon is 103.
The Health index in O'Fallon is 87.
The Housing index in O'Fallon is 102.
The Transportation index in O'Fallon is 90.
The Utilities index in O'Fallon is 97.
| Living Expense | O'Fallon | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 99 | 92 | 100 | |
| Services | 92 | 95 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 87 | 96 | 100 | |
| Housing | 102 | 81 | 100 | |
| Transportation | 90 | 105 | 100 | |
| Utilities | 97 | 90 | 100 | |
O'Fallon, 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 2017-2021. The key points are:
The Median Home Value in O'Fallon is $224,000.
The Median Rent in O'Fallon is $1,129.
The Median Income in O'Fallon is $96,698.
The Home Value To Income in O'Fallon is 2.3x.
The Rent To Monthly Income in O'Fallon is 0.14x.
| Statistic | O'Fallon | Illinois | United States |
|---|---|---|---|
| Median Home Value | $224,000 | $212,600 | $244,900 |
| Median Rent | $1,129 | $1,097 | $1,163 |
| Median Income | $96,698 | $72,563 | $69,021 |
| Home Value To Income | 2.3x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
O'Fallon, IL Costs By Category
Detailed O'Fallon Services Costs Vs. Illinois
Detailed O'Fallon Groceries Costs Vs. Illinois
Detailed O'Fallon Health Costs Vs. Illinois
Detailed O'Fallon Transportation Costs Vs. Illinois
Detailed O'Fallon Utilities Costs Vs. Illinois
O'fallon SnackAbility
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Cost Of Living In Cities Around O'Fallon
The cost of living varies in the cities and towns around O'Fallon. Here's a quick look at the cost of living in the most populous nearby places:
Belleville, IL has a cost of living index of 86, 0.9x O'Fallon.
Edwardsville, IL has a cost of living index of 98, 1.0x O'Fallon.
Collinsville, IL has a cost of living index of 90, 0.9x O'Fallon.
| City | Population | Cost Of Living | Vs. O'Fallon |
|---|---|---|---|
| Belleville, IL | 42,463 | 86 | 0.9x |
| Edwardsville, IL | 25,236 | 98 | 1.0x |
| Collinsville, IL | 24,627 | 90 | 0.9x |
| Fairview Heights, IL | 16,601 | 87 | 0.9x |
| Swansea, IL | 15,037 | 94 | 0.9x |
| Shiloh, IL | 13,638 | 98 | 1.0x |
| Glen Carbon, IL | 13,532 | 97 | 1.0x |
| Columbia, IL | 11,090 | 94 | 0.9x |
| Troy, IL | 10,858 | 90 | 0.9x |
| Highland, IL | 10,215 | 88 | 0.9x |
