Posen, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Posen, IL Summary

Cost of living in Posen 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 Posen 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 Posen is 97, with 100 being the average.

  • The cost of living index in Posen is 1.0x lower than the national average.

  • Posen ranks as the #142 cheapest in Illinois out of 338.

  • Posen ranks as the #2,747 cheapest out of 6,412 in the US.

  • The median home value in Posen is $142,800.

  • The median income in Posen is $55,371.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
97
Posen's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Posen, IL?

According to the most recent data on the cost of living, Posen has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Illinois, Posen has a cost of living index that's 1.1x higher than Illinois's index of 92.

The standard of living in Posen ranks as #142 most affordable out of the 338 places we measured in Illinois. By definition, that implies Posen ranks as the #196 most expensive place in the Prairie State.

For more reading on life in Posen, check out:

142 out of 338
In Illinois
2,747 out of 6,412
In America

Posen Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Posen. Here is how it fairs on each of the criteria:

  • The Services index in Posen is 115.

  • The Groceries index in Posen is 106.

  • The Health index in Posen is 100.

  • The Housing index in Posen is 74.

  • The Transportation index in Posen is 114.

  • The Utilities index in Posen is 91.

Living Expense Posen Illinois National Average
Overall 97 92 100
Services 115 95 100
Groceries 106 98 100
Health 100 96 100
Housing 74 81 100
Transportation 114 105 100
Utilities 91 90 100
For more reading on cost of living around Illinois, check out:
Posen Cost of Living Vs. IL

Posen, 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 Posen is $142,800.

  • The Median Rent in Posen is $1,105.

  • The Median Income in Posen is $55,371.

  • The Home Value To Income in Posen is 2.6x.

  • The Rent To Monthly Income in Posen is 0.24x.

Statistic Posen Illinois United States
Median Home Value $142,800 $212,600 $244,900
Median Rent $1,105 $1,097 $1,163
Median Income $55,371 $72,563 $69,021
Home Value To Income 2.6x 2.9x 3.5x
Rent To Monthly Income 0.24x 0.18x 0.2x
Search Homes For Sale In Posen, IL
$142,800
Median Home Value
$1,105
Median Rent
$55,371
Median Income

Posen, IL Costs By Category

Detailed Posen Services Costs Vs. Illinois

Item Posen Illinois
Shampoo $1.06 $1.06
Movie $14.85 $10.68
Bowling $15.76 $14.67
Haircut $27.76 $18.62
Beauty Salon $65.57 $39.05

Detailed Posen Groceries Costs Vs. Illinois

Item Posen Illinois
Ground Beef $4.87 $4.22
Fried Chicken $1.99 $1.39
Milk $2.42 $2.05
Potatoes $3.23 $3.29
Pizza $12.0 $10.62
Beer $8.61 $9.38
Toothpaste $2.46 $2.34

Detailed Posen Health Costs Vs. Illinois

Item Posen Illinois
Optometrist $96.76 $108.57
Doctor $104.96 $116.17
Dentist $101.82 $99.13

Detailed Posen Transportation Costs Vs. Illinois

Item Posen Illinois
Gasoline $2.51 $2.22
Tire Balancing $56.85 $50.07

Detailed Posen Utilities Costs Vs. Illinois

Item Posen Illinois
All Electricity $131.89 $167.67
Phone $203.16 $175.64

Posen SnackAbility

6
/10
Overall SnackAbility
Jobs
4/10
Housing
8
Affordability
6
Diversity
8.5
Safety
8
Amenities
8.5
Education
4
Commute
6

Cost Of Living In Cities Around Posen

The cost of living varies in the cities and towns around Posen. Here's a quick look at the cost of living in the most populous nearby places:

  • Tinley Park, IL has a cost of living index of 105, 1.1x Posen.

  • Westmont, IL has a cost of living index of 120, 1.2x Posen.

  • Blue Island, IL has a cost of living index of 96, 1.0x Posen.

City Population Cost Of Living Vs. Posen
Tinley Park, IL 55,988 105 1.1x
Westmont, IL 24,632 120 1.2x
Blue Island, IL 22,934 96 1.0x
Darien, IL 22,087 111 1.1x
Harvey, IL 20,751 91 0.9x
Hinsdale, IL 17,148 193 2.0x
La Grange, IL 16,220 137 1.4x
Midlothian, IL 14,330 102 1.1x
Western Springs, IL 13,550 153 1.6x
River Forest, IL 11,742 154 1.6x

Articles About Illinois

Enjoy The Snack?