Braidwood, IL Cost of Living


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Braidwood cost of living score
95.2
Less expensive
4.8% lower
than the US average
1.6% higher
than the Illinois average
Braidwood, Illinois gets a BestPlaces Cost of Living score of 95.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.8% lower than the U.S. average and 1.6% lower than the average for Illinois.

Braidwood, IL

Housing costs in Braidwood?
A typical home costs $204,300, which is 39.6% less expensive than the national average of $338,100 and 15.5% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Braidwood costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and 2.4% cheaper than the state average of $1,260.

Can I afford Braidwood?
To live comfortably in Braidwood, Illinois, a minimum annual income of $39,240 for a family, and $43,200 for a single person is recommended.

What does A.I. say about Braidwood?
The cost of living in Braidwood, IL is relatively low compared to other cities in the area. The median home price is around $125,000, which is significantly lower than the average for Illinois as a whole. Similarly, the cost of living index and housing prices are both below the national averages. This makes it an attractive option for people looking to move into a smaller town with lower costs of living. Additionally, there are many restaurants and shops in town that offer reasonably priced items and services. All of these factors make Braidwood an excellent choice for those who want to enjoy a high quality of life without spending a lot of money.
   Cost of living score
     CategoriesBraidwoodIllinoisUnited States
  95.293.7100.0
  95.294100
  96.096.9100.0
  68.380.2100.0
  $204,300$241,700$338,100
  98.1%97.7%100.0%
  98.4106.2100.0
  133.7107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Braidwood
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Over 16 years ago

Braidwood is a small town located 58 miles south of chicago. We are best knowen for our camp grounds and recreation clubs. People come here to relax and enjoy fishing,  More

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