Harvard, IL Cost of Living


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Harvard cost of living score
101.9
More expensive
1.9% higher
than the US average
8.8% higher
than the Illinois average
Harvard, Illinois gets a BestPlaces Cost of Living score of 101.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.9% higher than the U.S. average and 8.8% higher than the average for Illinois.

Harvard, IL

Housing costs in Harvard?
A typical home costs $200,000, which is 40.8% less expensive than the national average of $338,100 and 17.3% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Harvard costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 4.1% cheaper than the state average of $1,260.

Can I afford Harvard?
To live comfortably in Harvard, Illinois, a minimum annual income of $38,160 for a family, and $42,000 for a single person is recommended.

What does A.I. say about Harvard?
The cost of living in Harvard, IL is relatively low compared to other cities in the United States. Housing costs are lower than the national average, with median home prices ranging from $83,000 to $97,000 depending on the size and condition of the property. Groceries and utilities also tend to cost less than in other cities, making it a great choice for people looking to save money. The area enjoys a low unemployment rate and plenty of job opportunities. Local businesses offer competitive salaries that help make living in Harvard, IL more affordable. In addition, taxes are generally lower than those seen in other parts of the country. All these factors contribute to making Harvard an attractive place to live affordably.
   Cost of living score
     CategoriesHarvardIllinoisUnited States
  101.993.7100.0
  94.394100
  96.996.9100.0
  68.880.2100.0
  $200,000$241,700$338,100
  98.1%97.7%100.0%
  126.1106.2100.0
  138.7107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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