Potomac, IL Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Potomac cost of living score
70.6
Less expensive
29.4% lower
than the US average
24.7% lower
than the Illinois average
Potomac, Illinois gets a BestPlaces Cost of Living score of 70.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.4% lower than the U.S. average and 24.7% higher than the average for Illinois.

Potomac, IL

Housing costs in Potomac?
A typical home costs $100,900, which is 70.2% less expensive than the national average of $338,100 and 58.3% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Potomac costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 57.5% cheaper than the state average of $1,260.

Can I afford Potomac?
To live comfortably in Potomac, Illinois, a minimum annual income of $19,440 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Potomac?
The cost of living in Potomac, IL is very reasonable. The median household income for the area is just over $45,000, which is slightly below the national average. The average home price in Potomac is around $155,000, which is also slightly lower than the national average. Grocery and other consumer goods generally cost about the same as one would find in most other areas of the country. Utility costs are also relatively inexpensive throughout Potomac. All in all, the cost of living in Potomac is quite reasonable compared to other parts of Illinois and across the United States.
   Cost of living score
     CategoriesPotomacIllinoisUnited States
  70.693.7100.0
  91.894100
  112.796.9100.0
  21.680.2100.0
  $100,900$241,700$338,100
  98.2%97.7%100.0%
  74.6106.2100.0
  98.4107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Potomac, IL cost of living
Compare food, housing, utilities, and more in Potomac, Illinois to any other city in the US.