Grand Tower, IL Cost of Living


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Grand Tower cost of living score
78.4
Less expensive
21.6% lower
than the US average
16.3% lower
than the Illinois average
Grand Tower, Illinois gets a BestPlaces Cost of Living score of 78.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.6% lower than the U.S. average and 16.3% higher than the average for Illinois.

Grand Tower, IL

Housing costs in Grand Tower?
A typical home costs $61,100, which is 81.9% less expensive than the national average of $338,100 and 74.7% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Grand Tower costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 59.5% cheaper than the state average of $1,260.

Can I afford Grand Tower?
To live comfortably in Grand Tower, Illinois, a minimum annual income of $11,880 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Grand Tower?
Grand Tower, IL is known for its high cost of living. The average cost of living in this city is significantly higher than the national average, with the median home price being around $195,000. Additionally, goods and services such as food and transportation are more expensive than in other areas. While the cost of living in Grand Tower may seem daunting to some, it does offer a number of great amenities that make living here worthwhile. Grand Tower boasts plenty of cultural attractions, excellent dining options, and a vibrant nightlife scene. With careful budgeting and planning, making ends meet in Grand Tower can be done.
   Cost of living score
     CategoriesGrand TowerIllinoisUnited States
  78.493.7100.0
  90.394100
  129.196.9100.0
  17.280.2100.0
  $61,100$241,700$338,100
  97.4%97.7%100.0%
  104.0106.2100.0
  132.9107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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