Zip 61231 (Aledo, IL) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Aledo, Illinois?
$2,040 / month
for a family, 62.2% less expensive than the national average A total of $24,480 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Aledo cost of living score
76.4
Less expensive
23.6% lower
than the US average
18.5% lower
than the Illinois average
Aledo (zip 61231), Illinois gets a BestPlaces Cost of Living score of 76.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.6% lower than the U.S. average and 18.5% higher than the average for Illinois.

Zip 61231 (Aledo, IL)

Housing costs in Aledo?
A typical home costs $128,100, which is 62.1% less expensive than the national average of $338,100 and 47.0% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Aledo costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 48.2% cheaper than the state average of $1,260.

Can I afford Aledo?
To live comfortably in Aledo (zip 61231), Illinois, a minimum annual income of $24,480 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Aledo?
The cost of living in 61231 Aledo, IL is quite reasonable. The median household income is $65,654, and the median home value is $138,500. This area has seen a slight rise in housing prices over the last year, but it is still affordable by most standards. Other costs such as groceries, transportation and utilities are also relatively low when compared to other areas of the country. Overall, Aledo offers an excellent quality of life at a price that won't break the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAledoIllinoisUnited States
    Unlock93.7100.0
  93.4  Unlock100.0
    Unlock96.9100.0
  36.1  Unlock100.0
    Unlock$241,700$338,100
  90.7  Unlock100.0
    Unlock106.2100.0
  104.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.