Colp, IL Cost of Living


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Colp cost of living score
77.7
Less expensive
22.3% lower
than the US average
17.1% lower
than the Illinois average
Colp, Illinois gets a BestPlaces Cost of Living score of 77.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.3% lower than the U.S. average and 17.1% higher than the average for Illinois.

Colp, IL

Housing costs in Colp?
A typical home costs $81,100, which is 76.0% less expensive than the national average of $338,100 and 66.4% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Colp costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 55.6% cheaper than the state average of $1,260.

Can I afford Colp?
To live comfortably in Colp, Illinois, a minimum annual income of $15,480 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Colp?
The cost of living in Colp, IL is relatively low compared to the national average. The median home value in Colp is approximately $95,000, which is significantly lower than the national median home value of around $200,000. Similarly, the median household income in Colp is about $40,500 per year, which is also significantly lower than the national average of approximately $60,000 per year. The cost of groceries and other essential goods and services are also relatively low in Colp when compared to other places around the country. In sum, living in Colp can be a great way to save money while still having access to all necessary amenities.
   Cost of living score
     CategoriesColpIllinoisUnited States
  77.793.7100.0
  89.294100
  129.196.9100.0
  15.080.2100.0
  $81,100$241,700$338,100
  94.1%97.7%100.0%
  81.7106.2100.0
  115.2107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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