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Low Cost of Living

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