Zip 60407 (Braceville, IL) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Braceville, Illinois?
$2,760 / month
for a family, 48.9% less expensive than the national average A total of $33,120 for the year for a family.
$2,967 / month
for a single person, 37.8% less expensive than the national average A total of $35,600 for the year for a single person.

Braceville cost of living score
94.8
Less expensive
5.2% lower
than the US average
1.2% higher
than the Illinois average
Braceville (zip 60407), Illinois gets a BestPlaces Cost of Living score of 94.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.2% lower than the U.S. average and 1.2% lower than the average for Illinois.

Zip 60407 (Braceville, IL)

Housing costs in Braceville?
A typical home costs $173,500, which is 48.7% less expensive than the national average of $338,100 and 28.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Braceville costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 7.7% cheaper than the state average of $1,260.

Can I afford Braceville?
To live comfortably in Braceville (zip 60407), Illinois, a minimum annual income of $33,120 for a family, and $35,600 for a single person is recommended.

What does A.I. say about Braceville?
The cost of living in 60407 Braceville, IL is relatively inexpensive. According to the US Census estimates, the median home value in the area is around $90,000 and the median household income is around $48,000. This means that average rent prices are on the lower side compared to nearby areas. Other costs such as groceries, utilities, and healthcare are also fairly affordable. Overall, living in 60407 Braceville, IL can be a great option for those who are looking to have a comfortable lifestyle without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBracevilleIllinoisUnited States
    Unlock93.7100.0
  94.9  Unlock100.0
    Unlock96.9100.0
  50.5  Unlock100.0
    Unlock$241,700$338,100
  100.0  Unlock100.0
    Unlock106.2100.0
  126.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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