Zip 62927 (Dowell, IL) Cost of Living


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How much do I need to live in Dowell, Illinois?
$780 / month
for a family, 85.6% less expensive than the national average A total of $9,360 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Dowell cost of living score
78.4
Less expensive
21.6% lower
than the US average
16.3% lower
than the Illinois average
Dowell (zip 62927), Illinois gets a BestPlaces Cost of Living score of 78.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.6% lower than the U.S. average and 16.3% higher than the average for Illinois.

Zip 62927 (Dowell, IL)

Housing costs in Dowell?
A typical home costs $49,000, which is 85.5% less expensive than the national average of $338,100 and 79.7% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Dowell costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 38.5% cheaper than the state average of $1,260.

Can I afford Dowell?
To live comfortably in Dowell (zip 62927), Illinois, a minimum annual income of $9,360 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Dowell?
Living in 62927 Dowell, IL is relatively affordable compared to other parts of the state. The cost of living index for the area is 80.7 which is slightly lower than the U.S. average of 100. Housing costs are especially low with a median home value of around $90,000 and a median rent of around $750 per month. Utility costs are also relatively inexpensive with an average monthly electricity bill being about $122 and an average gas bill totaling approximately $72. Overall, 62927 Dowell, IL provides a great quality of life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDowellIllinoisUnited States
    Unlock93.7100.0
  89.8  Unlock100.0
    Unlock96.9100.0
  13.9  Unlock100.0
    Unlock$241,700$338,100
  93.2  Unlock100.0
    Unlock106.2100.0
  132.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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