Verona, IL Cost of Living


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Verona cost of living score
94.8
Less expensive
5.2% lower
than the US average
1.2% higher
than the Illinois average
Verona, Illinois gets a BestPlaces Cost of Living score of 94.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.2% lower than the U.S. average and 1.2% lower than the average for Illinois.

Verona, IL

Housing costs in Verona?
A typical home costs $268,500, which is 20.6% less expensive than the national average of $338,100 and 11.1% more expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Verona costs $1,370 per month, which is 4.2% cheaper than the national average of $1,430 and 8.0% more than the state average of $1,260.

Can I afford Verona?
To live comfortably in Verona, Illinois, a minimum annual income of $51,480 for a family, and $41,600 for a single person is recommended.

What does A.I. say about Verona?
Verona, IL is an affordable place to live. The overall cost of living is 6% lower than the national average, and housing expenses are 9% lower. This makes Verona a great option for those looking for an affordable place to live without sacrificing quality. The median home value in Verona is around $111,000, which is significantly lower than the national median of $196,500. Additionally, the average rent in Verona is about $800 per month and utilities are relatively low as well. All in all, Verona is a great location where people can enjoy a high quality of life at an affordable price.
   Cost of living score
     CategoriesVeronaIllinoisUnited States
  94.893.7100.0
  96.994100
  93.396.9100.0
  74.780.2100.0
  $268,500$241,700$338,100
  99.7%97.7%100.0%
  119.6106.2100.0
  126.9107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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