What is the cost of living in Pana, IL?
According to the most recent data on the cost of living, Pana has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Illinois, Pana has a cost of living index that's 0.9x lower than Illinois's index of 98.
The standard of living in Pana ranks as #19 most affordable out of the 336 places we measured in Illinois. By definition, that implies Pana ranks as the #317 most expensive place in the Prairie State.
For more reading on life in Pana, check out:
Pana Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Pana. Here is how it fares on each of the criteria:
The Services index in Pana is 99.
The Groceries index in Pana is 98.
The Health index in Pana is 49.
The Housing index in Pana is 101.
The Transportation index in Pana is 101.
The Utilities index in Pana is 95.
| Living Expense | Pana | Illinois | National Average |
|---|---|---|---|
| Overall | 84 | 98 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 49 | 96 | 100 |
| Housing | 101 | 101 | 100 |
| Transportation | 101 | 99 | 100 |
| Utilities | 95 | 101 | 100 |
Pana 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 Pana Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Pana, 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 Pana is $104,180.
The Median Rent in Pana is $684.
The Median Income in Pana is $46,168.
The Home Value To Income in Pana is 2.3x.
The Rent To Monthly Income in Pana is 0.18x.
Pana, IL Costs By Category
Detailed Pana Services costs vs. Illinois
Detailed Pana Groceries costs vs. Illinois
Detailed Pana Health costs vs. Illinois
Detailed Pana Transportation costs vs. Illinois
Pana SnackAbility
Cost Of Living In Cities Around Pana
The cost of living varies in the cities and towns around Pana. 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, 1.1x Pana.
Charleston, IL has a cost of living index of 85, 1.0x Pana.
Mattoon, IL has a cost of living index of 85, 1.0x Pana.
| City | Population | Cost Of Living | Vs. Pana |
|---|---|---|---|
| Springfield, IL | 113,330 | 93 | 1.1x |
| Charleston, IL | 17,062 | 85 | 1.0x |
| Mattoon, IL | 16,586 | 85 | 1.0x |
| Chatham, IL | 14,639 | 103 | 1.2x |
| Effingham, IL | 12,342 | 91 | 1.1x |
| Greenville, IL | 7,235 | 88 | 1.0x |
| Hillsboro, IL | 5,803 | 86 | 1.0x |
| Mount Zion, IL | 5,660 | 92 | 1.1x |
| Carlinville, IL | 5,480 | 87 | 1.0x |
