Housing costs in Beecher?
A typical home costs
$252,700, which is 25.3% less expensive than the national average of
$338,100 and 4.6% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Beecher costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and close to the state average of
$1,260.
Can I afford Beecher?
To live comfortably in Beecher (zip 60401), Illinois, a minimum annual income of
$48,240 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Beecher?
The cost of living in 60401 Beecher, IL is relatively low compared to other parts of the country. According to BestPlaces, the overall cost of living index for Beecher is 87.81, which is 13.19% lower than the US average. Groceries are 4.13% lower than the US average and housing costs are 34.05% lower, making it an affordable place to live. Additionally, transportation costs are 2.87% lower than the national average while utilities are 7.39% lower. All these factors contribute to a much more affordable cost of living compared to other areas in the US.