Cowden, IL Cost of Living


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United States / Illinois / No Metro Area / Shelby County / Cowden / Zip Codes
How much do I need to live in Cowden, Illinois?
$1,560 / month
for a family, 71.1% less expensive than the national average A total of $18,720 for the year for a family.
$1,900 / month
for a single person, 60.1% less expensive than the national average A total of $22,800 for the year for a single person.

Cowden cost of living score
74.9
Less expensive
25.1% lower
than the US average
20.1% lower
than the Illinois average
Cowden, Illinois gets a BestPlaces Cost of Living score of 74.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.1% lower than the U.S. average and 20.1% higher than the average for Illinois.

Cowden, IL

Housing costs in Cowden?
A typical home costs $97,700, which is 71.1% less expensive than the national average of $338,100 and 59.6% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Cowden costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 68.0% cheaper than the state average of $1,260.

Can I afford Cowden?
To live comfortably in Cowden, Illinois, a minimum annual income of $18,720 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Cowden?
The cost of living in Cowden, IL is relatively affordable compared to other locations in the United States. The median home price is approximately $93,000, which is significantly lower than the national average of around $200,000. Renting an apartment or house will also be more affordable than in other areas. The average rent for a two-bedroom apartment in Cowden is around $650 per month. Additionally, groceries and other everyday items tend to be cheaper due to the local stores in the area. All of this helps make living in Cowden a great economic choice for those looking for a more affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCowdenIllinoisUnited States
    Unlock93.7100.0
  92.2  Unlock100.0
    Unlock96.9100.0
  24.4  Unlock100.0
    Unlock$241,700$338,100
  104.0  Unlock100.0
    Unlock106.2100.0
  89.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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