Low Cost of Living
One of the benefits of a Kewanee location is the low cost of living. Kewanee is part of the Quad Cities IL/IA MSA and is located on the edge of the Peoria-Pekin, IL MSA. Both areas are recognized as having very affordable and attractive costs of living that translate into lower business operating costs. Kewanee’s cost of living is even lower and by some estimates, it is 25 to 30% below national figures (Sperling’s Best Places)
| Location |
1Q 2010 - Composite |
1Q 2010 - Grocery |
1Q 2010 - Housing |
1Q 2010 - Utilities |
1Q 2010 - Transportation |
1Q 2010 - Health Care |
1Q 2010 - Misc Goods and Services |
2009 Annual Avg - Composite |
| Quad Cities IL/IA MSA (Includes Henry County, IL; Mercer County, IL; Rock Island County, IL; Scott County, IA) |
98.7 |
100.5 |
96.8 |
81.3 |
108.1 |
97.4 |
101.9 |
96.7 |
| Peoria-Pekin, IL MSA (Includes Marshall County, IL; Peoria County, IL; Stark County, IL; Tazewell County, IL; Woodford County, IL) |
95 |
92.5 |
93.2 |
87.1 |
101.9 |
96.3 |
97.4 |
100.6 |
Source: C2ER; ACCRA Cost of Living Index; 1st Quarter 2010; Annual Average 2009 and Bi-State Regional Planning Commission
Expense Statistics for Kewanee
Index score (100 = National Average) represents the average household expenses in this category
| Expense |
Index Score |
| Total Expenses |
76 |
| Apparel |
75 |
| Contributions |
69 |
| Education |
66 |
| Entertainment |
74 |
| Food & Beverage |
78 |
| Gifts |
70 |
| Health Costs |
81 |
| Home Furnishings |
72 |
| Household Costs |
69 |
| Insurance |
69 |
| Miscellaneous |
78 |
| Personal |
76 |
| Shelter |
75 |
| Transportation |
76 |
| Utilities |
80 |
Source: Cityinfo.local.com