Zip 62510 (Assumption, IL) Cost of Living


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How much do I need to live in Assumption, Illinois?
$1,410 / month
for a family, 73.9% less expensive than the national average A total of $16,920 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

Assumption cost of living score
72.9
Less expensive
27.1% lower
than the US average
22.2% lower
than the Illinois average
Assumption (zip 62510), 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 62510 (Assumption, IL)

Housing costs in Assumption?
A typical home costs $89,000, which is 73.7% less expensive than the national average of $338,100 and 63.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Assumption costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 51.8% cheaper than the state average of $1,260.

Can I afford Assumption?
To live comfortably in Assumption (zip 62510), Illinois, a minimum annual income of $16,920 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Assumption?
The cost of living in 62510 Assumption, IL is relatively affordable. According to the Cost of Living Index, the cost of living in this area is 6% lower than the national average. Housing costs are about 8% lower than the national average. Additionally, transportation costs are around 4% lower than the national average. Food prices are slightly higher in this area, with groceries being around 4% higher and restaurant meals being approximately 2% higher than the national average. Overall, compared to other areas in Illinois and across the nation, 62510 Assumption has a reasonable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAssumptionIllinoisUnited States
    Unlock93.7100.0
  91.7  Unlock100.0
    Unlock96.9100.0
  28.1  Unlock100.0
    Unlock$241,700$338,100
  104.6  Unlock100.0
    Unlock106.2100.0
  98.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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