Thomson, IL Cost of Living


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United States / Illinois / No Metro Area / Carroll County / Thomson / Zip Codes
How much do I need to live in Thomson, Illinois?
$2,010 / month
for a family, 62.8% less expensive than the national average A total of $24,120 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Thomson cost of living score
76.5
Less expensive
23.5% lower
than the US average
18.4% lower
than the Illinois average
Thomson, Illinois gets a BestPlaces Cost of Living score of 76.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.5% lower than the U.S. average and 18.4% higher than the average for Illinois.

Thomson, IL

Housing costs in Thomson?
A typical home costs $125,200, which is 63.0% less expensive than the national average of $338,100 and 48.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Thomson costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 63.6% cheaper than the state average of $1,260.

Can I afford Thomson?
To live comfortably in Thomson, Illinois, a minimum annual income of $24,120 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Thomson?
The cost of living in Thomson, IL is relatively moderate compared to other cities in the region. The median household income is slightly below the national average, but the cost of housing remains fairly low. Renters can expect to pay an average monthly rent of around $800, while homeowners can expect to pay around $850 per month in mortgage payments. Other costs such as groceries, utilities, and transportation costs are also quite affordable. Overall, Thomson is an ideal place for individuals and families looking for a comfortable lifestyle without spending too much on their day-to-day expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesThomsonIllinoisUnited States
    Unlock93.7100.0
  92.2  Unlock100.0
    Unlock96.9100.0
  38.6  Unlock100.0
    Unlock$241,700$338,100
  106.8  Unlock100.0
    Unlock106.2100.0
  93.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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