Quick answer
Prices in Springfield, IL were 7.3% below the US average in 2024 (Regional Price Parity 92.7, US = 100), with a housing-rent index of 71.6, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 92.745 |
| Goods | 93.643 |
| Housing (rents) | 71.616 |
| Utilities | 90.406 |
| Other services | 99.590 |
| — All items by year — | |
| 2024 | 92.745 |
| 2023 | 90.651 |
| 2022 | 89.700 |
| 2021 | 91.616 |
| 2020 | 90.893 |
| 2019 | 91.774 |
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Last updated 2026-10-16. Data only, not financial or tax advice.