Tower Hill, IL Cost of Living


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United States / Illinois / No Metro Area / Shelby County / Tower Hill / Zip Codes

Tower Hill cost of living score
74.9
Less expensive
25.1% lower
than the US average
20.1% lower
than the Illinois average
Tower Hill, Illinois gets a BestPlaces Cost of Living score of 74.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.1% lower than the U.S. average and 20.1% higher than the average for Illinois.

Tower Hill, IL

Housing costs in Tower Hill?
A typical home costs $95,800, which is 71.7% less expensive than the national average of $338,100 and 60.4% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Tower Hill costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 61.5% cheaper than the state average of $1,260.

Can I afford Tower Hill?
To live comfortably in Tower Hill, Illinois, a minimum annual income of $18,360 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Tower Hill?
The cost of living in Tower Hill, IL is surprisingly reasonable. The median home price is $71,000 which is significantly lower than the national average of $184,700. The overall cost of living index for Tower Hill, IL is 78.3 which is 22.7% lower than the national average of 100. Groceries and transportation are also below the national average at 94 and 88 respectively. Property taxes are also low in Tower Hill with a rate of 1.2%. With its affordable housing and low cost of living, Tower Hill provides an attractive option for those looking to live in a small town with easy access to larger cities like Springfield and St Louis.
   Cost of living score
     CategoriesTower HillIllinoisUnited States
  74.993.7100.0
  91.294100
  111.896.9100.0
  18.080.2100.0
  $95,800$241,700$338,100
  104.0%97.7%100.0%
  73.6106.2100.0
  88.6107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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