Zip 62501 (Argenta, IL) Cost of Living


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United States / Illinois / Decatur Metro Area / Macon County / No City / Argenta (zip 62501)

Argenta cost of living score
72.9
Less expensive
27.1% lower
than the US average
22.2% lower
than the Illinois average
Argenta (zip 62501), Illinois gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 22.2% higher than the average for Illinois.

Zip 62501 (Argenta, IL)

Housing costs in Argenta?
A typical home costs $155,200, which is 54.1% less expensive than the national average of $338,100 and 35.8% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Argenta costs $930 per month, which is 35.0% cheaper than the national average of $1,430 and 35.5% cheaper than the state average of $1,260.

Can I afford Argenta?
To live comfortably in Argenta (zip 62501), Illinois, a minimum annual income of $29,880 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Argenta?
The cost of living in 62501 Argenta, IL is quite affordable. According to the US Cost of Living Index, the cost of living in 62501 Argenta, IL is 7% lower than the Illinois average and 11% lower than the national average. Housing costs are especially low, with an average rent of $600 per month and a median home price of only $85,000. The area boasts plenty of amenities such as easy access to Springfield and Decatur, good schools, and a variety of restaurants and shopping centers. All in all, 62501 Argenta, IL is an ideal place to live for those seeking an affordable lifestyle without sacrificing quality or convenience.
   Cost of living score
     CategoriesArgentaIllinoisUnited States
  72.993.7100.0
  93.494100
  111.096.9100.0
  44.480.2100.0
  $155,200$241,700$338,100
  96.8%97.7%100.0%
  74.2106.2100.0
  121.9107.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime