Olivet is a small town of 160 in Illinois, with a median household income of $67,778
.
Its cost of living index is 87 (US average = 100), which is
13% below the national average.
Strengths:
Olivet stands out for an affordable cost of living, below-average home prices.
Trade-offs:
No major red flags stand out in the available data. Whether Olivet is right for you depends on your priorities — the full breakdown is below.
All Olivet city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 86.8
Olivet's overall cost of living index is 86.8,
where 100 represents the US national average.
Living in Olivet costs roughly 13% less than the average American city.
Metric
Olivet, IL
National Avg
Median Home Value
$110,400
$244,900
Median Monthly Rent
N/A
$1,163
Homeownership Rate
72.2%
65.9%
Median Household Income
$67,778
$74,755
Crime & Safety
Higher than Average
Olivet's violent crime rate is 683.8 per 100,000 residents
— 80% higher than the national average of ~380 per 100,000.
Violent Crime
683.8 /100k
Property Crime
2416.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Olivet, IL
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
27.9%
35.4%
High School Diploma or Higher
95.7%
91.1%
Weather & Climate
Olivet sees average highs of 32.6°F in January
and 84.1°F in July,
with 41.8 inches of annual precipitation
and 23.7 inches of snow per year.
Olivet's cost of living index is 87, where 100 is the national average.
That makes Olivet roughly 13% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $110,400 and median rent is N/A/month.
Olivet's violent crime rate is 683.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2416.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Olivet, IL has a population of 160, a median household income of $67,778, and an unemployment rate of 0.0%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Olivet averages 32.6°F in January and 84.1°F in July. Annual rainfall is 41.8 inches
with about 23.7 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
The population of Olivet, Illinois is 160 with a median age of 42.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Olivet: cost of living index 87 (100 = US average), median home $110,400, median household income $67,778, crime index 154 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Olivet side by side with your current city to see the trade-offs.
