Danvers, IL Cost of Living


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How much do I need to live in Danvers, Illinois?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 for the year for a family.
$2,467 / month
for a single person, 48.2% less expensive than the national average A total of $29,600 for the year for a single person.

Danvers cost of living score
82.1
Less expensive
17.9% lower
than the US average
12.4% lower
than the Illinois average
Danvers, Illinois gets a BestPlaces Cost of Living score of 82.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.9% lower than the U.S. average and 12.4% higher than the average for Illinois.

Danvers, IL

Housing costs in Danvers?
A typical home costs $185,300, which is 45.2% less expensive than the national average of $338,100 and 23.3% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Danvers costs $920 per month, which is 35.7% cheaper than the national average of $1,430 and 37.0% cheaper than the state average of $1,260.

Can I afford Danvers?
To live comfortably in Danvers, Illinois, a minimum annual income of $35,640 for a family, and $29,600 for a single person is recommended.

What does A.I. say about Danvers?
Danvers, IL is very affordable when it comes to living expenses. The median home cost in Danvers is around $150,000, which is far lower than many other cities in the state. Additionally, the cost of housing is also low with rent prices averaging around $700 a month for a two-bedroom apartment. This low cost makes Danvers an attractive option for those looking to relocate and save money on living expenses. Other amenities such as dining out and grocery shopping are also quite affordable, making Danvers one of the most economical places to live in Illinois.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDanversIllinoisUnited States
    Unlock93.7100.0
  95.2  Unlock100.0
    Unlock96.9100.0
  53.6  Unlock100.0
    Unlock$241,700$338,100
  99.2  Unlock100.0
    Unlock106.2100.0
  137.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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