Zip 60408 (Braidwood, IL) Cost of Living


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How much do I need to live in Braidwood, Illinois?
$3,420 / month
for a family, 36.7% less expensive than the national average A total of $41,040 for the year for a family.
$3,567 / month
for a single person, 25.2% less expensive than the national average A total of $42,800 for the year for a single person.

Braidwood cost of living score
95.2
Less expensive
4.8% lower
than the US average
1.6% higher
than the Illinois average
Braidwood (zip 60408), Illinois gets a BestPlaces Cost of Living score of 95.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.8% lower than the U.S. average and 1.6% lower than the average for Illinois.

Zip 60408 (Braidwood, IL)

Housing costs in Braidwood?
A typical home costs $215,000, which is 36.4% less expensive than the national average of $338,100 and 11.0% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Braidwood costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and 2.4% cheaper than the state average of $1,260.

Can I afford Braidwood?
To live comfortably in Braidwood (zip 60408), Illinois, a minimum annual income of $41,040 for a family, and $42,800 for a single person is recommended.

What does A.I. say about Braidwood?
60408 Braidwood, IL is an affordable place to live. According to BestPlaces, the cost of living in 60408 is 12% below the national average and 4% lower than the state of Illinois. The median home value is $127,600 and the median rent price is $835. Property taxes are a little higher than the rest of the state at an estimated 2.3%. Groceries, goods and services are all very reasonable and you can get a lot for your money here. Overall, 60408 Braidwood, IL offers its residents a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBraidwoodIllinoisUnited States
    Unlock93.7100.0
  95.2  Unlock100.0
    Unlock96.9100.0
  69.1  Unlock100.0
    Unlock$241,700$338,100
  100.0  Unlock100.0
    Unlock106.2100.0
  136.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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