Fairmont City, IL Cost of Living


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Fairmont City cost of living score
80.8
Less expensive
19.2% lower
than the US average
13.8% lower
than the Illinois average
Fairmont City, Illinois gets a BestPlaces Cost of Living score of 80.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.2% lower than the U.S. average and 13.8% higher than the average for Illinois.

Fairmont City, IL

Housing costs in Fairmont City?
A typical home costs $60,800, which is 82.0% less expensive than the national average of $338,100 and 74.8% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Fairmont City costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 44.8% cheaper than the state average of $1,260.

Can I afford Fairmont City?
To live comfortably in Fairmont City, Illinois, a minimum annual income of $11,520 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Fairmont City?
Fairmont City, IL is an affordable place to live. The cost of living is almost 11% below the national average, so residents get more value for their money. The median home price in Fairmont City is $98,000 USD, which is significantly lower than the median home price of other cities in the state. In addition, utilities such as electricity and gas are slightly cheaper than the rest of Illinois. Along with low housing costs and utilities, groceries are also relatively inexpensive making Fairmont City a great value for those looking to save money while still maintaining a high quality of life.
   Cost of living score
     CategoriesFairmont CityIllinoisUnited States
  80.893.7100.0
  90.794100
  95.396.9100.0
  19.380.2100.0
  $60,800$241,700$338,100
  95.6%97.7%100.0%
  95.1106.2100.0
  132.3107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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