Venedy, IL Cost of Living


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Venedy cost of living score
77.7
Less expensive
22.3% lower
than the US average
17.1% lower
than the Illinois average
Venedy, Illinois gets a BestPlaces Cost of Living score of 77.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.3% lower than the U.S. average and 17.1% higher than the average for Illinois.

Venedy, IL

Housing costs in Venedy?
A typical home costs $110,400, which is 67.3% less expensive than the national average of $338,100 and 54.3% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Venedy costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 53.7% cheaper than the state average of $1,260.

Can I afford Venedy?
To live comfortably in Venedy, Illinois, a minimum annual income of $21,240 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Venedy?
The cost of living in Venedy, IL is relatively low compared to other parts of the state. The median home value is $150,000, which is much lower than the state average of $190,000. The median household income is also below the state average at $50,700 per year compared to the Illinois average of $60,000. Because housing and other essentials are affordable in Venedy, many people find it a desirable place to live. Additionally, utility costs tend to be lower and taxes are generally less than other parts of the state as well. Overall, Venedy is a great place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesVenedyIllinoisUnited States
  77.793.7100.0
  95.594100
  118.496.9100.0
  43.580.2100.0
  $110,400$241,700$338,100
  97.0%97.7%100.0%
  75.0106.2100.0
  110.3107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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