Cost of Living
An overall cost of living that’s 24% lower than national averages–and 40% below Chicago–makes the Greater Sterling area an affordable place to locate your business.
| Cost of living |
Sterling, IL |
United States |
Chicago, IL |
| Overall | 76 | 100 | 126 |
| Food | 98 | 100 | 106 |
| Utilities | 119 | 100 | 106 |
| Miscellaneous | 100 | 100 | 106 |
| Median Home Cost | $92,160 | $217,200 | $222,960 |
*Overall: The total of all the cost of living categories weighted subjectively as follows: housing (30%), food and groceries (15%), transportation (10%), utilities (6%), health care (7%), and miscellaneous expenses such as clothing, services, and entertainment (32%). State and local taxes are not included in any category.
**Miscellaneous: The cost index of those goods and services not included in the other cost of living categories, including clothing, restaurants, repairs, entertainment, and other services.
Source: Sperling’s Best Places