Latham, IL Cost of Living


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Latham cost of living score
72.8
Less expensive
27.2% lower
than the US average
22.3% lower
than the Illinois average
Latham, Illinois gets a BestPlaces Cost of Living score of 72.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.2% lower than the U.S. average and 22.3% higher than the average for Illinois.

Latham, IL

Housing costs in Latham?
A typical home costs $93,800, which is 72.3% less expensive than the national average of $338,100 and 61.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Latham costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,260.

Can I afford Latham?
To live comfortably in Latham, Illinois, a minimum annual income of $18,000 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Latham?
The cost of living in Latham, IL is quite reasonable. Prices for basic necessities such as food, shelter, and transportation are comparable to the national average. There are also a variety of housing options available, from single-family homes to condos and apartments. The median home price in Latham is just over $100,000, which is well below the state average. Additionally, taxes are relatively low compared to other areas in Illinois. All of these factors make Latham an attractive option for those looking for an affordable place to live.
   Cost of living score
     CategoriesLathamIllinoisUnited States
  72.893.7100.0
  92.494100
  111.196.9100.0
  23.780.2100.0
  $93,800$241,700$338,100
  95.7%97.7%100.0%
  80.9106.2100.0
  98.0107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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