Housing costs in Teutopolis?
A typical home costs
$232,300, which is 31.3% less expensive than the national average of
$338,100 and 3.9% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Teutopolis costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 75.0% cheaper than the state average of
$1,260.
Can I afford Teutopolis?
To live comfortably in Teutopolis, Illinois, a minimum annual income of
$44,640 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Teutopolis?
The cost of living in Teutopolis, IL is fairly moderate compared to other cities. The area has a lower than average housing cost, with the median price for homes staying around $86,000. While there are some higher end properties available, most tend to stay within this range. The city also has a very low unemployment rate which helps keep the overall cost of living in check. Taxes in Teutopolis are slightly higher than elsewhere in the state with sales tax at 8%, and income tax ranging from 3% up to 5%. However residents can rely on the city's consistent job market, which allows them to find steady work and maintain an affordable lifestyle.