Kinsman, IL Cost of Living


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How much do I need to live in Kinsman, Illinois?
$2,670 / month
for a family, 50.6% less expensive than the national average A total of $32,040 for the year for a family.
$2,933 / month
for a single person, 38.5% less expensive than the national average A total of $35,200 for the year for a single person.

Kinsman cost of living score
94.8
Less expensive
5.2% lower
than the US average
1.2% higher
than the Illinois average
Kinsman, Illinois gets a BestPlaces Cost of Living score of 94.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.2% lower than the U.S. average and 1.2% lower than the average for Illinois.

Kinsman, IL

Housing costs in Kinsman?
A typical home costs $166,500, which is 50.8% less expensive than the national average of $338,100 and 31.1% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Kinsman costs $1,160 per month, which is 18.9% cheaper than the national average of $1,430 and 8.6% cheaper than the state average of $1,260.

Can I afford Kinsman?
To live comfortably in Kinsman, Illinois, a minimum annual income of $32,040 for a family, and $35,200 for a single person is recommended.

What does A.I. say about Kinsman?
The cost of living in Kinsman, IL is quite reasonable. The housing costs are among the lowest in the state with an average home price of around $100,000. The median household income is also quite low at just under $32,000 per year, so it’s relatively affordable to live in Kinsman. The taxes are also very low compared to other cities and states, making it a great place for people on a budget. Groceries and utilities are quite affordable as well due to the lower population density and competition from neighboring towns. All in all, living in Kinsman can be economical without sacrificing quality or comfort.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesKinsmanIllinoisUnited States
    Unlock93.7100.0
  93.3  Unlock100.0
    Unlock96.9100.0
  49.5  Unlock100.0
    Unlock$241,700$338,100
  99.7  Unlock100.0
    Unlock106.2100.0
  126.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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