Zip 61814 (Bismarck, IL) Cost of Living


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How much do I need to live in Bismarck, Illinois?
$2,070 / month
for a family, 61.7% less expensive than the national average A total of $24,840 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Bismarck cost of living score
70.6
Less expensive
29.4% lower
than the US average
24.7% lower
than the Illinois average
Bismarck (zip 61814), Illinois gets a BestPlaces Cost of Living score of 70.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.4% lower than the U.S. average and 24.7% higher than the average for Illinois.

Zip 61814 (Bismarck, IL)

Housing costs in Bismarck?
A typical home costs $129,400, which is 61.7% less expensive than the national average of $338,100 and 46.5% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Bismarck costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 31.3% cheaper than the state average of $1,260.

Can I afford Bismarck?
To live comfortably in Bismarck (zip 61814), Illinois, a minimum annual income of $24,840 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Bismarck?
The cost of living in 61814 Bismarck, IL is quite reasonable. The average home costs $129,466, which is significantly lower than the national median of $184,700. Property taxes are also relatively low in Bismarck, averaging around 0.93% of a property's value. Groceries are slightly more expensive than the national average, while utilities and transportation costs are comparable to the national average. Overall, the cost of living in 61814 Bismarck, IL is quite affordable for those looking for a good place to settle down and start a family.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBismarckIllinoisUnited States
    Unlock93.7100.0
  92.1  Unlock100.0
    Unlock96.9100.0
  40.3  Unlock100.0
    Unlock$241,700$338,100
  99.0  Unlock100.0
    Unlock106.2100.0
  97.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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