Housing costs in Peotone?
A typical home costs
$257,600, which is 23.8% less expensive than the national average of
$338,100 and 6.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Peotone costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 14.5% cheaper than the state average of
$1,260.
Can I afford Peotone?
To live comfortably in Peotone, Illinois, a minimum annual income of
$49,320 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Peotone?
The cost of living in Peotone, IL is relatively low when compared to the rest of the United States. According to the Cost of Living Index provided by BestPlaces.net, Peotone scores a 72.7 out of 100, which is lower than the national average score of 100. This means that things like groceries, housing, utilities, and other essentials are relatively cheaper in comparison to other parts of the country. Additionally, Peotone’s property taxes are among some of the lowest in Illinois at 2.55%. With these factors taken into account, it’s easy to see why many people decide to settle down in Peotone.