Housing costs in McCook?
A typical home costs
$309,000, which is 8.6% less expensive than the national average of
$338,100 and 27.8% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in McCook costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 9.4% more than the state average of
$1,260.
Can I afford McCook?
To live comfortably in McCook, Illinois, a minimum annual income of
$59,040 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about McCook?
The cost of living in McCook, IL is relatively low compared to the rest of the country. According to Best Places, the cost of living index in Mc Cook is 74.5, which is lower than the US average of 100. This means that items such as groceries, housing and transportation are much less expensive than in other parts of the country. The median home cost in McCook is $130,000, which is far below most places within Illinois and across the nation. Additionally, the median household income for residents is $53,922 a year with an average commute time of just 16 minutes long. With low costs and short commutes, McCook offers a unique balance between affordability and convenience for its citizens.