Tampico, IL Cost of Living


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Tampico cost of living score
74.3
Less expensive
25.7% lower
than the US average
20.7% lower
than the Illinois average
Tampico, Illinois gets a BestPlaces Cost of Living score of 74.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.7% lower than the U.S. average and 20.7% higher than the average for Illinois.

Tampico, IL

Housing costs in Tampico?
A typical home costs $88,000, which is 74.0% less expensive than the national average of $338,100 and 63.6% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Tampico costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 41.6% cheaper than the state average of $1,260.

Can I afford Tampico?
To live comfortably in Tampico, Illinois, a minimum annual income of $16,920 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Tampico?
Tampico, IL is known for its relatively low cost of living when compared to other US cities. The median home price in Tampico is $88,500 which is significantly lower than the national average of $231,200. The cost of living index in Tampico is 79.7 which is nearly 20 points lower than the national average of 100. In addition, Tampico's everyday goods and services remain affordable with an overall grocery index of 86.2 and a housing index at 78.5. This makes it an ideal location for those looking for a budget-friendly place to call home.
   Cost of living score
     CategoriesTampicoIllinoisUnited States
  74.393.7100.0
  92.394100
  118.696.9100.0
  27.180.2100.0
  $88,000$241,700$338,100
  102.4%97.7%100.0%
  67.8106.2100.0
  103.6107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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